Venturi Wealth Management LLC Acquires 1,244 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Venturi Wealth Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1,517.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,326 shares of the company’s stock after purchasing an additional 1,244 shares during the quarter. Venturi Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $118,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Stonebridge Financial Group LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $28,000. AlphaMark Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $30,000. Valued Wealth Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $30,000. Sound Income Strategies LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 65.0% in the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after purchasing an additional 143 shares in the last quarter. Finally, Fortitude Family Office LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $38,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.0 %

BATS USMV opened at $93.06 on Friday. The company has a market cap of $27.27 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The business has a 50 day moving average price of $90.80 and a 200-day moving average price of $91.08.

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.