WCG Wealth Advisors LLC Makes New Investment in iShares MSCI USA Min Vol Factor ETF $USMV

WCG Wealth Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 13,429 shares of the company’s stock, valued at approximately $1,264,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in USMV. Brighton Jones LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 12.9% during the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after acquiring an additional 1,291 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 366.3% in the 1st quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after buying an additional 27,868 shares in the last quarter. Hsbc Holdings PLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $399,000. First Trust Advisors LP boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 39.0% in the 2nd quarter. First Trust Advisors LP now owns 7,845 shares of the company’s stock valued at $736,000 after buying an additional 2,201 shares in the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 465.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 244,764 shares of the company’s stock valued at $22,976,000 after buying an additional 201,483 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 1.1%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $95.64 on Friday. The company has a fifty day simple moving average of $94.54 and a 200-day simple moving average of $94.76. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $91.02 and a 12-month high of $98.07. The stock has a market cap of $24.41 billion, a price-to-earnings 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.