iShares MSCI USA Min Vol Factor ETF $USMV Shares Newly Acquired by Retirement Planning Group LLC

Retirement Planning Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 17,415 shares of the company’s stock, valued at approximately $1,697,000.

Several other institutional investors have also modified their holdings of the business. Delta Wealth Advisors LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% in the 1st quarter. Delta Wealth Advisors LLC now owns 36,699 shares of the company’s stock valued at $3,403,000 after purchasing an additional 108 shares during the period. Mcmorgan & Co. LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 0.4% during the 1st quarter. Mcmorgan & Co. LLC now owns 28,238 shares of the company’s stock worth $2,619,000 after purchasing an additional 108 shares in the last quarter. Bayban raised its holdings in iShares MSCI USA Min Vol Factor ETF by 2.6% during the 1st quarter. Bayban now owns 4,797 shares of the company’s stock worth $445,000 after buying an additional 120 shares during the period. Post Resch Tallon Group Inc. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1.9% during the 2nd quarter. Post Resch Tallon Group Inc. now owns 8,038 shares of the company’s stock worth $775,000 after buying an additional 150 shares during the period. Finally, Hobart Private Capital LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 3.6% in the second quarter. Hobart Private Capital LLC now owns 4,325 shares of the company’s stock valued at $417,000 after buying an additional 152 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $102.32 on Wednesday. The firm has a market cap of $26.11 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $91.02 and a twelve month high of $102.36. The firm’s 50 day moving average price is $100.11 and its two-hundred day moving average price is $97.40.

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.