Rehmann Capital Advisory Group Purchases 9,641 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Rehmann Capital Advisory Group boosted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.2% in the fourth quarter, HoldingsChannel reports. The fund owned 308,099 shares of the company’s stock after purchasing an additional 9,641 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up 1.5% of Rehmann Capital Advisory Group’s portfolio, making the stock its 11th largest position. Rehmann Capital Advisory Group’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $29,435,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Becker Capital Management Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at about $569,000. Hibernia Wealth Partners LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 66.1% in the fourth quarter. Hibernia Wealth Partners LLC now owns 63,378 shares of the company’s stock worth $5,968,000 after acquiring an additional 25,216 shares in the last quarter. Western Wealth Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 28.4% in the fourth quarter. Western Wealth Management LLC now owns 74,251 shares of the company’s stock worth $6,992,000 after acquiring an additional 16,434 shares in the last quarter. Chatterton & Associates Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $851,000. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 9.9% during the fourth quarter. Concurrent Investment Advisors LLC now owns 93,655 shares of the company’s stock valued at $8,819,000 after acquiring an additional 8,469 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.24 on Friday. The firm has a market capitalization of $24.05 billion, a P/E ratio of 22.90 and a beta of 0.72. The company has a 50 day moving average price of $95.04 and a 200 day moving average price of $94.85. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $98.07.

About iShares MSCI USA Min Vol Factor ETF

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.