iShares MSCI USA Min Vol Factor ETF $USMV Shares Newly Acquired by Retirement Planning Group LLC

Retirement Planning Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the third quarter, according to its most recent filing with the SEC. The firm purchased 17,415 shares of the company’s stock, valued at approximately $1,697,000.

A number of other hedge funds have also modified their holdings of the company. Kaufman Rossin Wealth LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $285,000. McKinley Carter Wealth Services Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth $297,000. Sweeney & Michel LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% during the third quarter. Sweeney & Michel LLC now owns 23,949 shares of the company’s stock worth $2,334,000 after purchasing an additional 340 shares in the last quarter. Snider Financial Group boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.1% during the third quarter. Snider Financial Group now owns 13,097 shares of the company’s stock worth $1,276,000 after purchasing an additional 391 shares in the last quarter. Finally, TD Waterhouse Canada Inc. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 14.9% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 40,468 shares of the company’s stock valued at $3,968,000 after buying an additional 5,250 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 1.0%

Shares of USMV stock opened at $102.32 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $91.02 and a 12-month high of $102.36. The firm has a market capitalization of $26.11 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The firm has a fifty day moving average of $100.11 and a 200-day moving average of $97.40.

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.