Tcfg Wealth Management LLC Acquires Shares of 83,738 iShares MSCI USA Min Vol Factor ETF $USMV

Tcfg Wealth Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 83,738 shares of the company’s stock, valued at approximately $7,967,000. iShares MSCI USA Min Vol Factor ETF makes up 2.0% of Tcfg Wealth Management LLC’s investment portfolio, making the stock its 7th biggest position.

Several other institutional investors have also modified their holdings of the company. Brighton Jones LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 12.9% during the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after purchasing an additional 1,291 shares during the last quarter. Jane Street Group LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 366.3% in the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after purchasing an additional 27,868 shares during the last quarter. Kingsview Wealth Management LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1.4% during the second quarter. Kingsview Wealth Management LLC now owns 26,766 shares of the company’s stock worth $2,513,000 after purchasing an additional 359 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 185,090 shares of the company’s stock worth $17,375,000 after buying an additional 1,404 shares during the last quarter. Finally, United Advisor Group LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 122.7% in the 2nd quarter. United Advisor Group LLC now owns 8,493 shares of the company’s stock valued at $797,000 after buying an additional 4,680 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $93.49 on Thursday. The firm’s fifty day moving average price is $95.53 and its 200 day moving average price is $94.66. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $98.07. The company has a market capitalization of $23.86 billion, a price-to-earnings 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.