M Holdings Securities Inc. Invests $1.77 Million in iShares MSCI USA Min Vol Factor ETF $USMV

M Holdings Securities Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 19,023 shares of the company’s stock, valued at approximately $1,771,000.

Several other hedge funds have also added to or reduced their stakes in USMV. International Assets Investment Management LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the 2nd quarter. International Assets Investment Management LLC now owns 15,132 shares of the company’s stock valued at $1,420,000 after acquiring an additional 110 shares during the period. Sensible Money LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% in the 1st quarter. Sensible Money LLC now owns 8,839 shares of the company’s stock worth $828,000 after purchasing an additional 112 shares during the period. KPP Advisory Services LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 2.9% in the second quarter. KPP Advisory Services LLC now owns 4,167 shares of the company’s stock valued at $391,000 after purchasing an additional 118 shares during the last quarter. Almanack Investment Partners LLC. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 0.6% in the second quarter. Almanack Investment Partners LLC. now owns 20,319 shares of the company’s stock valued at $1,907,000 after purchasing an additional 124 shares during the last quarter. Finally, Cynosure Group LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 0.4% during the first quarter. Cynosure Group LLC now owns 36,192 shares of the company’s stock valued at $3,390,000 after purchasing an additional 127 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $94.50 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12. The business’s fifty day moving average price is $94.18 and its 200-day moving average price is $93.67. The stock has a market capitalization of $24.12 billion, a PE ratio of 22.90 and a beta of 0.72.

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.