WCG Wealth Advisors LLC Purchases New Shares in iShares MSCI USA Min Vol Factor ETF $USMV

WCG Wealth Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 13,429 shares of the company’s stock, valued at approximately $1,264,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of USMV. Junto Capital Management LP purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $85,107,000. BNP Paribas Financial Markets raised its position in iShares MSCI USA Min Vol Factor ETF by 10,472.3% in the 4th quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock valued at $75,398,000 after purchasing an additional 793,173 shares during the last quarter. Two Sigma Investments LP raised its position in iShares MSCI USA Min Vol Factor ETF by 26.1% in the 3rd quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock valued at $260,056,000 after purchasing an additional 565,200 shares during the last quarter. Ameriprise Financial Inc. raised its position in iShares MSCI USA Min Vol Factor ETF by 18.5% in the 2nd 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, Barclays PLC raised its position in iShares MSCI USA Min Vol Factor ETF by 238.2% in the 3rd quarter. Barclays PLC now owns 500,271 shares of the company’s stock valued at $47,596,000 after purchasing an additional 352,366 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock opened at $95.64 on Friday. The company has a market cap of $24.41 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $98.07. The company has a fifty day moving average price of $94.54 and a 200 day moving average price of $94.76.

iShares MSCI USA Min Vol Factor ETF Company 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.