Kennedy Investment Group Raises Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Kennedy Investment Group boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 21.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 87,029 shares of the company’s stock after acquiring an additional 15,084 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 3.5% of Kennedy Investment Group’s portfolio, making the stock its 5th largest position. Kennedy Investment Group’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,727,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of USMV. Brighton Jones LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 1.1% in the 3rd quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock valued at $913,000 after acquiring an additional 111 shares in the last quarter. Anchor Investment Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 6.0% in the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after purchasing an additional 112 shares during the period. Asset Dedication LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during the 3rd quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock worth $765,000 after acquiring an additional 121 shares during the last quarter. Sensible Money LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% during the 3rd quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock worth $797,000 after acquiring an additional 121 shares during the last quarter. Finally, Foster Victor Wealth Advisors LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 4.8% in the third quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock worth $244,000 after purchasing an additional 123 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 3.4 %

USMV stock opened at $91.69 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The firm’s 50-day moving average price is $90.98 and its two-hundred day moving average price is $90.30. The stock has a market capitalization of $26.87 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF Profile

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.