Quotient Wealth Partners LLC Has $102.01 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Quotient Wealth Partners LLC raised its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,072,213 shares of the company’s stock after buying an additional 52,608 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for 2.8% of Quotient Wealth Partners LLC’s holdings, making the stock its 12th largest holding. Quotient Wealth Partners LLC owned approximately 0.42% of iShares MSCI USA Min Vol Factor ETF worth $102,010,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the stock. Bank of Montreal Can grew its holdings in shares of 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. Accurate Wealth Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $203,000. Symmetry Partners LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 10.1% during the 2nd quarter. Symmetry Partners LLC now owns 263,164 shares of the company’s stock worth $24,703,000 after buying an additional 24,219 shares during the period. Allworth Financial LP grew its holdings in iShares MSCI USA Min Vol Factor ETF by 30.1% during the 2nd quarter. Allworth Financial LP now owns 78,585 shares of the company’s stock worth $7,377,000 after acquiring an additional 18,167 shares during the last quarter. Finally, MinichMacGregor Wealth Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $283,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock opened at $94.08 on Friday. The company has a market capitalization of $24.01 billion, a P/E ratio of 22.90 and a beta of 0.72. The company has a fifty day moving average price of $94.00 and a 200-day moving average price of $93.74. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 and a 52-week high of $95.12.

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.