5,104 Shares in iShares MSCI USA Min Vol Factor ETF $USMV Purchased by Welch Group LLC

Welch Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 3rd quarter, HoldingsChannel reports. The fund acquired 5,104 shares of the company’s stock, valued at approximately $497,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Cetera Investment Advisers increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the 1st quarter. Cetera Investment Advisers now owns 2,162,456 shares of the company’s stock valued at $200,546,000 after purchasing an additional 39,289 shares in the last quarter. Sei Investments Co. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% in the 1st quarter. Sei Investments Co. now owns 1,560,042 shares of the company’s stock valued at $144,677,000 after purchasing an additional 28,733 shares during the period. Geneos Wealth Management Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 99.3% during the first quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock worth $106,053,000 after buying an additional 569,762 shares in the last quarter. Apollon Wealth Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 1,040.9% during the third quarter. Apollon Wealth Management LLC now owns 989,315 shares of the company’s stock worth $96,399,000 after buying an additional 902,603 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 14.3% during the second quarter. NewEdge Advisors LLC now owns 706,584 shares of the company’s stock worth $68,151,000 after buying an additional 88,257 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock opened at $103.06 on Tuesday. The firm has a market cap of $26.30 billion, a PE ratio of 22.90 and a beta of 0.72. The firm’s fifty day moving average is $100.50 and its 200 day moving average is $97.03. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $103.84.

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.