SMART Wealth LLC Makes New $547,000 Investment in iShares MSCI USA Min Vol Factor ETF $USMV

SMART Wealth LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,669 shares of the company’s stock, valued at approximately $547,000.

Other large investors also recently modified their holdings of the company. Chapman Financial Group LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $29,000. Ankerstar Wealth LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $31,000. Garton & Associates Financial Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $33,000. Commonwealth Retirement Investments LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $34,000. Finally, Entrust Financial LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $35,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 1.0%

USMV opened at $100.80 on Friday. The stock has a market capitalization of $25.72 billion, a P/E 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 $102.21. The firm’s fifty day simple moving average is $99.07 and its 200 day simple moving average is $96.38.

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.