Mccarter Private Wealth Services LLC Acquires Shares of 3,123 iShares MSCI USA Min Vol Factor ETF $USMV

Mccarter Private Wealth Services LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 3,123 shares of the company’s stock, valued at approximately $293,000.

A number of other hedge funds have also bought and sold shares of the company. Brown Advisory Inc. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 8.9% during the first quarter. Brown Advisory Inc. now owns 16,950 shares of the company’s stock valued at $1,588,000 after purchasing an additional 1,387 shares during the period. Accurate Wealth Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $203,000. Symmetry Partners LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 10.1% in the second quarter. Symmetry Partners LLC now owns 263,164 shares of the company’s stock worth $24,703,000 after acquiring an additional 24,219 shares during the period. MinichMacGregor Wealth Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $283,000. Finally, Townsquare Capital LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 7.3% in the first quarter. Townsquare Capital LLC now owns 53,888 shares of the company’s stock worth $5,047,000 after acquiring an additional 3,666 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV opened at $93.23 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $83.99 and a 1-year high of $95.12. The company has a 50-day moving average of $94.23 and a 200 day moving average of $93.30. The firm has a market cap of $23.79 billion, a PE 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.