Kathleen S. Wright Associates Inc. Has $5.53 Million Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Kathleen S. Wright Associates Inc. raised its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,289 shares of the company’s stock after buying an additional 1,804 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 2.2% of Kathleen S. Wright Associates Inc.’s investment portfolio, making the stock its 11th biggest position. Kathleen S. Wright Associates Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,531,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. AlphaMark Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $30,000. Valued Wealth Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $30,000. Sound Income Strategies LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after acquiring an additional 143 shares during the last quarter. Fortitude Family Office LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at $38,000. Finally, Bfsg LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after acquiring an additional 228 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 4.3 %

Shares of BATS:USMV opened at $92.41 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The stock has a market capitalization of $27.08 billion, a P/E ratio of 25.30 and a beta of 0.59. The business has a 50-day moving average price of $90.93 and a two-hundred day moving average price of $90.42.

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.