Jmac Enterprises LLC Acquires 1,707 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Jmac Enterprises LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 104,874 shares of the company’s stock after purchasing an additional 1,707 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises 2.1% of Jmac Enterprises LLC’s portfolio, making the stock its 13th largest holding. Jmac Enterprises LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,845,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Key Financial Inc grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.6% during the first quarter. Key Financial Inc now owns 1,794 shares of the company’s stock worth $168,000 after purchasing an additional 111 shares during the last quarter. Asset Dedication LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% during the first quarter. Asset Dedication LLC now owns 8,489 shares of the company’s stock worth $795,000 after purchasing an additional 112 shares during the last quarter. Sensible Money LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% during the first quarter. Sensible Money LLC now owns 8,839 shares of the company’s stock worth $828,000 after purchasing an additional 112 shares during the last quarter. Compass Wealth Management LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 82.0% during the first quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock worth $26,000 after purchasing an additional 123 shares during the last quarter. Finally, Cynosure Group LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.4% in the first quarter. Cynosure Group LLC now owns 36,192 shares of the company’s stock valued at $3,390,000 after acquiring an additional 127 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 7.0%

iShares MSCI USA Min Vol Factor ETF stock opened at $94.85 on Friday. The business’s 50-day simple moving average is $93.80 and its 200 day simple moving average is $92.78. The stock has a market cap of $24.20 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12.

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.