Oregon Pacific Wealth Management LLC Makes New $1.05 Million Investment in iShares MSCI USA Min Vol Factor ETF $USMV

Oregon Pacific Wealth Management LLC purchased 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 Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,019 shares of the company’s stock, valued at approximately $1,048,000. iShares MSCI USA Min Vol Factor ETF comprises 0.9% of Oregon Pacific Wealth Management LLC’s investment portfolio, making the stock its 26th largest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 1.5% during the 2nd quarter. Raymond James Financial Inc. now owns 13,315,040 shares of the company’s stock valued at $1,249,883,000 after acquiring an additional 191,453 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,675,665 shares of the company’s stock valued at $628,581,000 after acquiring an additional 51,463 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.8% in the second quarter. Envestnet Asset Management Inc. now owns 4,686,964 shares of the company’s stock worth $439,962,000 after purchasing an additional 81,787 shares during the period. Ameriprise Financial Inc. increased its stake in iShares MSCI USA Min Vol Factor ETF by 18.5% during the second quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock valued at $271,634,000 after purchasing an additional 452,184 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the second quarter. Commonwealth Equity Services LLC now owns 2,202,341 shares of the company’s stock worth $206,734,000 after purchasing an additional 16,746 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $93.66 on Monday. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12. The company has a 50-day simple moving average of $94.07 and a 200-day simple moving average of $93.87. The firm has a market capitalization of $23.90 billion, a PE 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.