Mosley Wealth Management Invests $1.31 Million in iShares MSCI USA Min Vol Factor ETF $USMV

Mosley Wealth Management bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, HoldingsChannel reports. The fund bought 13,694 shares of the company’s stock, valued at approximately $1,307,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of America Corp DE boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the 3rd quarter. Bank of America Corp DE now owns 13,794,595 shares of the company’s stock worth $1,312,418,000 after purchasing an additional 98,221 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during the 3rd quarter. Raymond James Financial Inc. now owns 13,521,148 shares of the company’s stock worth $1,286,402,000 after purchasing an additional 206,108 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,977,742 shares of the company’s stock worth $659,752,000 after purchasing an additional 145,843 shares during the last quarter. UBS Group AG boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.3% during the 3rd quarter. UBS Group AG now owns 3,545,978 shares of the company’s stock worth $337,364,000 after purchasing an additional 80,056 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.9% during the 4th quarter. JPMorgan Chase & Co. now owns 3,542,763 shares of the company’s stock worth $333,587,000 after purchasing an additional 198,476 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $95.64 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $98.07. The stock has a market capitalization of $24.41 billion, a PE ratio of 22.90 and a beta of 0.72. The business’s 50 day moving average price is $94.82 and its 200 day moving average price is $94.82.

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.