Nwam LLC Raises Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Nwam LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 234.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,981 shares of the company’s stock after buying an additional 50,457 shares during the quarter. Nwam LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,943,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in USMV. Chapman Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth $29,000. Ankerstar Wealth LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $31,000. Garton & Associates Financial Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $33,000. Commonwealth Retirement Investments LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $34,000. Finally, Entrust Financial LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $35,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $101.52 on Tuesday. The firm has a market capitalization of $25.91 billion, a PE ratio of 22.90 and a beta of 0.72. The firm’s 50-day moving average is $98.58 and its two-hundred day moving average is $96.24. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $102.21.

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.