Wealthgarden F.S. LLC Takes Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Wealthgarden F.S. LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 6,365 shares of the company’s stock, valued at approximately $534,000.

Several other large investors have also made changes to their positions in USMV. Raymond James & Associates lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the second quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock worth $1,351,398,000 after acquiring an additional 146,632 shares during the last quarter. Alaska Permanent Fund Corp boosted its position in iShares MSCI USA Min Vol Factor ETF by 4.4% during the 1st quarter. Alaska Permanent Fund Corp now owns 3,947,820 shares of the company’s stock worth $329,959,000 after buying an additional 167,538 shares during the period. Catalyst Capital Advisors LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 5.2% during the 2nd quarter. Catalyst Capital Advisors LLC now owns 3,658,707 shares of the company’s stock worth $307,185,000 after acquiring an additional 182,050 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 1.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock worth $268,843,000 after acquiring an additional 31,625 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in iShares MSCI USA Min Vol Factor ETF by 270.9% in the 1st quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock valued at $158,465,000 after acquiring an additional 1,384,833 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $90.20 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The firm has a market cap of $26.43 billion, a PE ratio of 25.30 and a beta of 0.59. The firm’s fifty day moving average is $87.60 and its 200-day moving average is $84.25.

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.