Stillwater Wealth Management Group Invests $598,000 in iShares MSCI USA Min Vol Factor ETF $USMV

Stillwater Wealth Management Group acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 6,285 shares of the company’s stock, valued at approximately $598,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Secure Asset Management LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 2.8% during the third quarter. Secure Asset Management LLC now owns 3,904 shares of the company’s stock worth $371,000 after buying an additional 108 shares in the last quarter. Patriot Investment Management Group Inc. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the third quarter. Patriot Investment Management Group Inc. now owns 29,572 shares of the company’s stock valued at $2,814,000 after acquiring an additional 111 shares in the last quarter. Venturi Wealth Management LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% in the third quarter. Venturi Wealth Management LLC now owns 6,122 shares of the company’s stock valued at $582,000 after acquiring an additional 111 shares in the last quarter. Partners Capital Investment Group LLP boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% during the third quarter. Partners Capital Investment Group LLP now owns 29,220 shares of the company’s stock valued at $2,780,000 after acquiring an additional 112 shares during the last quarter. Finally, Modera Wealth Management LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.1% during the third quarter. Modera Wealth Management LLC now owns 2,836 shares of the company’s stock valued at $270,000 after acquiring an additional 113 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 1.7%

iShares MSCI USA Min Vol Factor ETF stock opened at $93.49 on Thursday. The stock has a 50-day moving average price of $95.53 and a 200 day moving average price of $94.66. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $83.99 and a 52 week high of $98.07. The stock has a market cap of $23.86 billion, a PE 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.