Wetzel Investment Advisors Inc. Purchases 1,730 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Wetzel Investment Advisors Inc. boosted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 23,190 shares of the company’s stock after acquiring an additional 1,730 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for 1.1% of Wetzel Investment Advisors Inc.’s investment portfolio, making the stock its 23rd biggest position. Wetzel Investment Advisors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,938,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Carson Advisory Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $201,000. MGO One Seven LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 8.4% in the second quarter. MGO One Seven LLC now owns 57,529 shares of the company’s stock worth $4,830,000 after acquiring an additional 4,476 shares during the period. Headlands Technologies LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $30,000. Liberty Wealth Management LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 93.2% during the 2nd quarter. Liberty Wealth Management LLC now owns 32,291 shares of the company’s stock valued at $2,711,000 after purchasing an additional 15,576 shares during the period. Finally, Choreo LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 5.7% in the 2nd quarter. Choreo LLC now owns 304,999 shares of the company’s stock worth $25,549,000 after purchasing an additional 16,412 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.2 %

BATS:USMV opened at $90.33 on Wednesday. The company has a 50-day moving average price of $87.48 and a 200-day moving average price of $84.21. The stock has a market cap of $26.47 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45.

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.