iShares MSCI USA Min Vol Factor ETF (BATS:USMV) is Trinity Wealth Management LLC’s 6th Largest Position

Trinity Wealth Management LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.5% in the 1st quarter, Holdings Channel reports. The institutional investor owned 165,523 shares of the company’s stock after acquiring an additional 818 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up about 7.1% of Trinity Wealth Management LLC’s investment portfolio, making the stock its 6th biggest position. Trinity Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $15,503,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of USMV. Tallon Kerry Patrick acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $621,000. Capital & Planning LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 0.5% in the fourth quarter. Capital & Planning LLC now owns 117,575 shares of the company’s stock valued at $10,439,000 after buying an additional 562 shares during the last quarter. Brighton Jones LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 12.9% in the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after buying an additional 1,291 shares during the last quarter. DAVENPORT & Co LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 31.3% in the fourth quarter. DAVENPORT & Co LLC now owns 4,071 shares of the company’s stock valued at $361,000 after buying an additional 971 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $483,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.6%

Shares of USMV opened at $93.65 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $82.32 and a 1-year high of $95.12. The stock has a market capitalization of $24.01 billion, a P/E ratio of 24.27 and a beta of 0.72. The business’s 50-day moving average price is $91.54 and its 200 day moving average price is $91.76.

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.