Kwmg LLC Boosts Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Kwmg LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 153,852 shares of the company’s stock after acquiring an additional 9,418 shares during the quarter. Kwmg LLC owned 0.06% of iShares MSCI USA Min Vol Factor ETF worth $14,991,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Catalyst Capital Advisors LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 13.0% in the 1st quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock worth $393,458,000 after purchasing an additional 489,637 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the first quarter. Cetera Investment Advisers now owns 2,162,456 shares of the company’s stock worth $200,546,000 after purchasing an additional 39,289 shares during the period. Sei Investments Co. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the first quarter. Sei Investments Co. now owns 1,560,042 shares of the company’s stock worth $144,677,000 after purchasing an additional 28,733 shares during the period. Focus Partners Wealth raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 9.0% in the fourth quarter. Focus Partners Wealth now owns 1,225,619 shares of the company’s stock valued at $115,410,000 after buying an additional 100,701 shares in the last quarter. Finally, Cerity Partners LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.2% in the fourth quarter. Cerity Partners LLC now owns 1,222,695 shares of the company’s stock valued at $115,129,000 after buying an additional 49,558 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock traded up $0.05 during trading on Wednesday, hitting $99.82. The company had a trading volume of 490,832 shares, compared to its average volume of 2,298,386. The firm has a market capitalization of $25.48 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $102.21. The stock’s 50-day moving average price is $99.82 and its 200 day moving average price is $96.81.

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.