Gateway Wealth Partners LLC Buys 275 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Gateway Wealth Partners LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 49,087 shares of the company’s stock after purchasing an additional 275 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises approximately 1.1% of Gateway Wealth Partners LLC’s holdings, making the stock its 19th largest holding. Gateway Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,358,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of USMV. AlphaMark Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $30,000. Valued Wealth Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $30,000. Sound Income Strategies LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% in the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after buying an additional 143 shares during the last quarter. Fortitude Family Office LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth $38,000. Finally, Bfsg LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% in the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after buying an additional 228 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $91.69 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The stock’s fifty day moving average is $90.98 and its 200 day moving average is $90.30. The stock has a market cap of $26.87 billion, a P/E ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF 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.