Dynasty Wealth Management LLC Raises Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Dynasty Wealth Management LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,203,928 shares of the company’s stock after acquiring an additional 93,543 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises about 1.8% of Dynasty Wealth Management LLC’s investment portfolio, making the stock its 17th biggest holding. Dynasty Wealth Management LLC owned 0.41% of iShares MSCI USA Min Vol Factor ETF worth $106,897,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. PNC Financial Services Group Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock worth $904,426,000 after purchasing an additional 91,948 shares during the period. LPL Financial LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after buying an additional 346,414 shares during the last quarter. Millburn Ridgefield Corp raised its position in iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after acquiring an additional 180,849 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after purchasing an additional 21,739 shares in the last quarter. Finally, Cerity Partners LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% in the 3rd quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock worth $194,871,000 after purchasing an additional 17,264 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $93.38 on Friday. The business’s fifty day moving average is $91.07 and its 200 day moving average is $91.29. The company has a market capitalization of $23.73 billion, a PE ratio of 24.43 and a beta of 0.79. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45.

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.