Schrum Private Wealth Management LLC Buys 131 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Schrum Private Wealth Management LLC raised its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,405 shares of the company’s stock after acquiring an additional 131 shares during the period. Schrum Private Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $883,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Brighton Jones LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% in the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after buying an additional 1,291 shares in the last quarter. Capital Investment Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth $207,000. Farther Finance Advisors LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 90.8% in the 1st quarter. Farther Finance Advisors LLC now owns 35,897 shares of the company’s stock worth $3,360,000 after buying an additional 17,080 shares in the last quarter. Wealthcare Advisory Partners LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 11.5% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 22,583 shares of the company’s stock worth $2,115,000 after buying an additional 2,334 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 37.0% in the 1st quarter. GAMMA Investing LLC now owns 2,708 shares of the company’s stock worth $254,000 after buying an additional 731 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 7.6%

Shares of BATS:USMV opened at $95.40 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $83.99 and a 52 week high of $95.12. The stock has a market capitalization of $24.35 billion, a P/E ratio of 22.90 and a beta of 0.72. The firm has a fifty day simple moving average of $93.92 and a two-hundred day simple moving average of $92.86.

iShares MSCI USA Min Vol Factor ETF Company 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.