Western Wealth Management LLC Increases Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Western Wealth Management LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 19.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 59,955 shares of the company’s stock after purchasing an additional 9,784 shares during the period. Western Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,615,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in USMV. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 102.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock valued at $620,423,000 after buying an additional 3,352,591 shares during the last quarter. Millennium Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 76.8% during the 4th quarter. Millennium Management LLC now owns 12,150 shares of the company’s stock valued at $1,079,000 after acquiring an additional 5,277 shares during the period. MGO One Seven LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 1.0% during the 4th quarter. MGO One Seven LLC now owns 61,939 shares of the company’s stock worth $5,500,000 after acquiring an additional 606 shares during the last quarter. Pacific Center for Financial Services increased its stake in iShares MSCI USA Min Vol Factor ETF by 0.7% in the 4th quarter. Pacific Center for Financial Services now owns 131,406 shares of the company’s stock worth $11,668,000 after purchasing an additional 940 shares during the period. Finally, New England Private Wealth Advisors LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 9.0% in the 4th quarter. New England Private Wealth Advisors LLC now owns 108,944 shares of the company’s stock worth $9,673,000 after purchasing an additional 9,040 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $92.39 on Thursday. 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 firm has a market cap of $23.58 billion, a PE ratio of 22.90 and a beta of 0.72. The business has a 50 day moving average price of $92.39 and a 200-day moving average price of $91.68.

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.