DecisionMap Wealth Management LLC Has $1.72 Million Position in iShares MSCI USA Min Vol Factor ETF $USMV

DecisionMap Wealth Management LLC decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 27.2% in the fourth quarter, Holdings Channel reports. The firm owned 18,280 shares of the company’s stock after selling 6,823 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises about 1.1% of DecisionMap Wealth Management LLC’s portfolio, making the stock its 22nd biggest holding. DecisionMap Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,721,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% in the 3rd quarter. Bank of America Corp DE now owns 13,794,595 shares of the company’s stock worth $1,312,418,000 after buying an additional 98,221 shares in the last quarter. Raymond James Financial Inc. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 1.5% in the 3rd quarter. Raymond James Financial Inc. now owns 13,521,148 shares of the company’s stock valued at $1,286,402,000 after buying an additional 206,108 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 2.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 6,831,899 shares of the company’s stock valued at $650,670,000 after buying an additional 156,234 shares in the last quarter. Millburn Ridgefield LLC DE grew its position in iShares MSCI USA Min Vol Factor ETF by 5.4% in the third quarter. Millburn Ridgefield LLC DE now owns 3,752,960 shares of the company’s stock valued at $357,057,000 after acquiring an additional 190,646 shares during the period. Finally, UBS Group AG raised its stake in iShares MSCI USA Min Vol Factor ETF by 2.3% during the third quarter. UBS Group AG now owns 3,545,978 shares of the company’s stock worth $337,364,000 after acquiring an additional 80,056 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV opened at $92.35 on Friday. The stock has a market cap of $23.57 billion, a PE ratio of 22.90 and a beta of 0.72. The business has a fifty day moving average of $95.46 and a two-hundred day moving average of $94.63. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 and a 52-week high of $98.07.

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.