Gateway Wealth Partners LLC Increases Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Gateway Wealth Partners LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 114.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 107,296 shares of the company’s stock after purchasing an additional 57,228 shares during the quarter. Gateway Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,951,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Frankly Finances LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $25,000. Elevated Capital Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $29,000. Chapman Financial Group LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth about $29,000. Ankerstar Wealth LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $31,000. Finally, Eagle Bay Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $33,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $96.95 on Monday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $98.73. The stock has a market cap of $24.74 billion, a PE ratio of 22.90 and a beta of 0.72. The business has a 50-day simple moving average of $96.29 and a 200-day simple moving average of $95.24.

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.