MML Investors Services LLC Purchases 6,275 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

MML Investors Services LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.3% in the 4th quarter, Holdings Channel reports. The firm owned 508,271 shares of the company’s stock after acquiring an additional 6,275 shares during the quarter. MML Investors Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $47,859,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Frankly Finances LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $25,000. Investors Research Corp bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $26,000. Elevated Capital Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $29,000. Chapman Financial Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $29,000. Finally, Ankerstar Wealth LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $31,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.3%

Shares of BATS USMV opened at $96.34 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $98.07. The business has a 50-day simple moving average of $94.95 and a two-hundred day simple moving average of $94.85. The company has a market cap of $24.59 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.