Wealth Management Resources Inc. Acquires New Shares in iShares MSCI USA Min Vol Factor ETF $USMV

Wealth Management Resources Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 133,013 shares of the company’s stock, valued at approximately $12,961,000. iShares MSCI USA Min Vol Factor ETF comprises 4.0% of Wealth Management Resources Inc.’s holdings, making the stock its 10th biggest position.

Other large investors have also added to or reduced their stakes in the company. Catalyst Capital Advisors LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 13.0% during the 1st quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock worth $393,458,000 after acquiring an additional 489,637 shares during the last quarter. Cetera Investment Advisers increased its position in iShares MSCI USA Min Vol Factor ETF by 1.9% in the 1st quarter. Cetera Investment Advisers now owns 2,162,456 shares of the company’s stock valued at $200,546,000 after acquiring an additional 39,289 shares during the period. Sei Investments Co. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the first quarter. Sei Investments Co. now owns 1,560,042 shares of the company’s stock valued at $144,677,000 after acquiring an additional 28,733 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of 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 valued at $106,053,000 after acquiring an additional 569,762 shares during the last quarter. Finally, Ritholtz Wealth Management bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter valued at $74,238,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $102.32 on Wednesday. The firm has a market cap of $26.11 billion, a PE ratio of 22.90 and a beta of 0.72. The firm’s fifty day moving average is $100.11 and its 200-day moving average is $97.40. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $102.36.

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.