GGM Financials LLC Has $3.38 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

GGM Financials LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 38,040 shares of the company’s stock after buying an additional 366 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up approximately 3.6% of GGM Financials LLC’s holdings, making the stock its 7th biggest holding. GGM Financials LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,378,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. AlphaMark Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $30,000. Valued Wealth Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $30,000. Sound Income Strategies LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% in the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after purchasing an additional 143 shares in the last quarter. Fortitude Family Office LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $38,000. Finally, Bfsg LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% during the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after buying an additional 228 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $92.73 on Monday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The stock’s 50 day moving average price is $90.76 and its two-hundred day moving average price is $90.63. The stock has a market capitalization of $27.17 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.