800,500 Shares in iShares MSCI USA Min Vol Factor ETF $USMV Bought by Ritholtz Wealth Management

Ritholtz Wealth Management acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 800,500 shares of the company’s stock, valued at approximately $74,238,000. iShares MSCI USA Min Vol Factor ETF comprises 1.3% of Ritholtz Wealth Management’s portfolio, making the stock its 16th biggest holding. Ritholtz Wealth Management owned 0.31% of iShares MSCI USA Min Vol Factor ETF at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. WealthPLAN Partners LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 2.6% in the fourth quarter. WealthPLAN Partners LLC now owns 4,160 shares of the company’s stock worth $392,000 after purchasing an additional 105 shares during the last quarter. Millstone Evans Group LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.3% during the 4th quarter. Millstone Evans Group LLC now owns 1,782 shares of the company’s stock valued at $168,000 after purchasing an additional 106 shares during the period. KW Wealth Management LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 4th quarter. KW Wealth Management LLC now owns 13,553 shares of the company’s stock valued at $1,276,000 after purchasing an additional 109 shares during the last quarter. Signature Estate & Investment Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 36,125 shares of the company’s stock valued at $3,402,000 after purchasing an additional 118 shares during the last quarter. Finally, Opulen Financial Group LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% in the 3rd quarter. Opulen Financial Group LLC now owns 5,120 shares of the company’s stock worth $487,000 after purchasing an additional 118 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.3%

USMV opened at $94.86 on Thursday. The company’s 50 day moving average is $95.11 and its 200 day moving average is $94.85. The company has a market cap of $24.21 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $91.02 and a 12-month 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.