Dynasty Wealth Management LLC Boosts Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Dynasty Wealth Management LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.2% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,261,838 shares of the company’s stock after purchasing an additional 84,969 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up about 1.6% of Dynasty Wealth Management LLC’s holdings, making the stock its 17th largest holding. Dynasty Wealth Management LLC owned about 0.49% of iShares MSCI USA Min Vol Factor ETF worth $120,051,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the business. Avion Wealth increased its stake in iShares MSCI USA Min Vol Factor ETF by 88.8% in the second quarter. Avion Wealth now owns 304 shares of the company’s stock valued at $28,000 after purchasing an additional 143 shares during the last quarter. Chapman Financial Group LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at about $29,000. Manning & Napier Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $30,000. Phillips Financial Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $46,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth $48,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $94.47 on Tuesday. The firm has a market capitalization of $24.11 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12. The company has a 50 day moving average price of $94.33 and a 200 day moving average price of $93.98.

iShares MSCI USA Min Vol Factor ETF Company 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.