Level Wealth Management LLC Acquires Shares of 5,944 iShares MSCI USA Min Vol Factor ETF $USMV

Level Wealth Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,944 shares of the company’s stock, valued at approximately $551,000.

A number of other hedge funds have also modified their holdings of the business. Frankly Finances LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $25,000. Investors Research Corp purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $26,000. Elevated Capital Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $29,000. Chapman Financial Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $29,000. Finally, Ankerstar Wealth LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $31,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $97.89 on Friday. The business’s 50 day moving average price is $95.44 and its 200 day moving average price is $94.96. The company has a market cap of $24.98 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $98.07.

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.