JFS Wealth Advisors LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 97.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,687 shares of the company’s stock after purchasing an additional 3,795 shares during the period. JFS Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $720,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 102.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock worth $620,423,000 after acquiring an additional 3,352,591 shares in the last quarter. Millennium Management LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 76.8% in the 4th quarter. Millennium Management LLC now owns 12,150 shares of the company’s stock valued at $1,079,000 after purchasing an additional 5,277 shares during the period. MGO One Seven LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% in the fourth quarter. MGO One Seven LLC now owns 61,939 shares of the company’s stock worth $5,500,000 after purchasing an additional 606 shares in the last quarter. Pacific Center for Financial Services lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% in the fourth quarter. Pacific Center for Financial Services now owns 131,406 shares of the company’s stock worth $11,668,000 after purchasing an additional 940 shares in the last quarter. Finally, New England Private Wealth Advisors LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 9.0% during the fourth quarter. New England Private Wealth Advisors LLC now owns 108,944 shares of the company’s stock worth $9,673,000 after purchasing an additional 9,040 shares during the period.
iShares MSCI USA Min Vol Factor ETF Stock Performance
Shares of USMV opened at $92.67 on Tuesday. The company has a market capitalization of $23.65 billion, a PE ratio of 22.90 and a beta of 0.72. The company’s 50 day moving average price is $92.32 and its 200 day moving average price is $91.66. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $83.55 and a 52 week high of $95.12.
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.
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