Assetmark Inc. Has $163.92 Million Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Assetmark Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,746,262 shares of the company’s stock after buying an additional 103,240 shares during the quarter. Assetmark Inc. owned about 0.68% of iShares MSCI USA Min Vol Factor ETF worth $163,922,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Compass Wealth Management LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 82.0% during the 1st quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock worth $26,000 after buying an additional 123 shares during the period. ROSS JOHNSON & Associates LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $28,000. Avion Wealth grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 88.8% during the 2nd quarter. Avion Wealth now owns 304 shares of the company’s stock worth $28,000 after buying an additional 143 shares during the period. Flaharty Asset Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at $30,000. Finally, Columbia River Financial Group LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at $30,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 4.9%

BATS USMV opened at $93.01 on Thursday. The company has a fifty day simple moving average of $94.28 and a 200 day simple moving average of $93.28. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12. The company has a market cap of $23.73 billion, a P/E ratio of 22.90 and a beta of 0.72.

About iShares MSCI USA Min Vol Factor ETF

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.