Corient Private Wealth LLC Boosts Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Corient Private Wealth LLC lifted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 67,460 shares of the company’s stock after purchasing an additional 5,688 shares during the quarter. Corient Private Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,353,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in USMV. Becker Capital Management Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $569,000. Hibernia Wealth Partners LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 66.1% during 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 during the last quarter. Western Wealth Management LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 28.4% during 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 during the last quarter. Chatterton & Associates Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $851,000. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 9.9% in the 4th 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 during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock opened at $94.89 on Friday. The company has a fifty day moving average price of $95.14 and a 200 day moving average price of $94.85. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $98.07. The company has a market cap of $24.22 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF Company 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.