New World Advisors LLC Has $401,000 Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

New World Advisors LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 14.3% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,282 shares of the company’s stock after buying an additional 535 shares during the quarter. New World Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $401,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in USMV. Wealth Enhancement Advisory Services LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 102.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock worth $620,423,000 after acquiring an additional 3,352,591 shares during the last quarter. Millennium Management LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 76.8% during the fourth quarter. Millennium Management LLC now owns 12,150 shares of the company’s stock worth $1,079,000 after purchasing an additional 5,277 shares in the last quarter. MGO One Seven LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% during the fourth quarter. MGO One Seven LLC now owns 61,939 shares of the company’s stock valued at $5,500,000 after purchasing an additional 606 shares during the last quarter. Pacific Center for Financial Services grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the fourth quarter. Pacific Center for Financial Services now owns 131,406 shares of the company’s stock valued at $11,668,000 after purchasing an additional 940 shares during the last quarter. Finally, New England Private Wealth Advisors LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 9.0% in the fourth quarter. New England Private Wealth Advisors LLC now owns 108,944 shares of the company’s stock valued at $9,673,000 after purchasing an additional 9,040 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock opened at $92.39 on Thursday. The company has a 50 day moving average price of $92.39 and a 200 day moving average price of $91.68. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.55 and a fifty-two week high of $95.12. The stock has a market capitalization of $23.58 billion, a PE ratio of 22.90 and a beta of 0.72.

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.