Watts Gwilliam & Co. LLC Acquires Shares of 4,344 iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Watts Gwilliam & Co. LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 4,344 shares of the company’s stock, valued at approximately $395,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Capital Insight Partners LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at about $220,000. Quotient Wealth Partners LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1.6% during the third quarter. Quotient Wealth Partners LLC now owns 1,000,897 shares of the company’s stock worth $91,392,000 after purchasing an additional 15,821 shares in the last quarter. UMB Bank n.a. lifted its position in iShares MSCI USA Min Vol Factor ETF by 27.2% in the third quarter. UMB Bank n.a. now owns 34,401 shares of the company’s stock valued at $3,141,000 after purchasing an additional 7,365 shares during the period. CWM LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 10.7% in the 3rd quarter. CWM LLC now owns 728,740 shares of the company’s stock valued at $66,541,000 after purchasing an additional 70,601 shares in the last quarter. Finally, Daymark Wealth Partners LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $283,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $92.01 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The stock has a market capitalization of $26.96 billion, a P/E ratio of 25.30 and a beta of 0.59. The business has a 50 day simple moving average of $89.89 and a 200-day simple moving average of $85.54.

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.