KW Wealth Management LLC Invests $1.28 Million in iShares MSCI USA Min Vol Factor ETF $USMV

KW Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 13,444 shares of the company’s stock, valued at approximately $1,279,000. iShares MSCI USA Min Vol Factor ETF makes up approximately 2.2% of KW Wealth Management LLC’s holdings, making the stock its 11th biggest position.

Other large investors have also recently bought and sold shares of the company. ROSS JOHNSON & Associates LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter worth $28,000. Avion Wealth boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 88.8% during the second 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 purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth about $29,000. Flaharty Asset Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth about $30,000. Finally, Phillips Financial Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $46,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 7.3%

BATS:USMV opened at $95.10 on Monday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12. The firm has a market cap of $24.27 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The company’s 50-day moving average is $94.09 and its two-hundred day moving average is $93.80.

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.