Forte Asset Management LLC Acquires Shares of 5,574 iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Forte Asset Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,574 shares of the company’s stock, valued at approximately $435,000.

A number of other institutional investors and hedge funds have also made changes to their positions in USMV. Keener Financial Planning LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $26,000. Horrell Capital Management Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $27,000. Global Trust Asset Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $27,000. Eagle Bay Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at about $28,000. Finally, Stonebridge Capital Advisors LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 180.4% in the fourth quarter. Stonebridge Capital Advisors LLC now owns 401 shares of the company’s stock valued at $29,000 after purchasing an additional 258 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV traded up $0.08 on Friday, hitting $80.00. The company’s stock had a trading volume of 2,565,928 shares. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The company has a market capitalization of $23.39 billion, a price-to-earnings ratio of 25.31 and a beta of 0.59. The stock has a 50 day moving average of $81.71 and a 200-day moving average of $78.04.

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.