iShares MSCI USA Min Vol Factor ETF $USMV Shares Purchased by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 21.6% during the third quarter, Holdings Channel reports. The firm owned 61,932 shares of the company’s stock after buying an additional 11,002 shares during the quarter. Gateway Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,892,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Avion Wealth grew its stake in iShares MSCI USA Min Vol Factor ETF by 88.8% in the 2nd quarter. Avion Wealth now owns 304 shares of the company’s stock valued at $28,000 after acquiring an additional 143 shares during the last quarter. Chapman Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $29,000. Manning & Napier Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at about $30,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $35,000. Finally, Phillips Financial Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $46,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $96.05 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.12. The business has a 50 day moving average price of $94.58 and a 200 day moving average price of $94.15. The company has a market capitalization of $24.51 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.