MML Investors Services LLC Acquires 6,275 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

MML Investors Services LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 508,271 shares of the company’s stock after acquiring an additional 6,275 shares during the quarter. MML Investors Services LLC owned approximately 0.20% of iShares MSCI USA Min Vol Factor ETF worth $47,859,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Frankly Finances LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $25,000. Investors Research Corp bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $26,000. Elevated Capital Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $29,000. Chapman Financial Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $29,000. Finally, Ankerstar Wealth LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $31,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock opened at $96.34 on Tuesday. The company has a market capitalization of $24.59 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $98.07. The stock has a fifty day moving average of $94.95 and a 200-day moving average of $94.85.

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.