Angeles Wealth Management LLC Purchases New Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Angeles Wealth Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,126 shares of the company’s stock, valued at approximately $88,000.

A number of other institutional investors have also modified their holdings of USMV. Morningstar Investment Services LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 96.7% in the 4th quarter. Morningstar Investment Services LLC now owns 10,924 shares of the company’s stock worth $851,000 after buying an additional 5,369 shares during the last quarter. Exencial Wealth Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $698,000. Trademark Financial Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $323,000. Optiver Holding B.V. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 100.0% during the fourth quarter. Optiver Holding B.V. now owns 1,758 shares of the company’s stock valued at $137,000 after purchasing an additional 7,664,300 shares during the last quarter. Finally, CIBC Private Wealth Group LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 20,518 shares of the company’s stock worth $1,601,000 after purchasing an additional 167 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV traded down $0.15 during midday trading on Friday, hitting $83.09. 1,242,458 shares of the stock traded hands. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The business’s 50 day moving average price is $82.07 and its two-hundred day moving average price is $80.39. The firm has a market capitalization of $24.35 billion, a PE ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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