iShares MSCI USA Min Vol Factor ETF $USMV Shares Acquired by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 64.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 43,887 shares of the company’s stock after buying an additional 17,121 shares during the quarter. Kingsview Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,175,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of USMV. Bank of Montreal Can increased its position in iShares MSCI USA Min Vol Factor ETF by 9.9% during the second quarter. Bank of Montreal Can now owns 44,819 shares of the company’s stock worth $4,207,000 after purchasing an additional 4,045 shares during the last quarter. Insight Inv LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $1,083,000. Win Advisors Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at approximately $899,000. Dynasty Wealth Management LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.2% during the 3rd quarter. Dynasty Wealth Management LLC now owns 1,261,838 shares of the company’s stock worth $120,051,000 after buying an additional 84,969 shares during the last quarter. Finally, Cynosure Group LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 16.8% during the 3rd quarter. Cynosure Group LLC now owns 42,424 shares of the company’s stock worth $4,036,000 after buying an additional 6,104 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock opened at $97.21 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $98.07. The firm has a market cap of $24.81 billion, a PE ratio of 22.90 and a beta of 0.72. The firm’s 50 day moving average price is $95.27 and its 200-day moving average price is $94.53.

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.