11,520 Shares in iShares MSCI USA Min Vol Factor ETF $USMV Bought by Partners Wealth Management LLC

Partners Wealth Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 11,520 shares of the company’s stock, valued at approximately $1,122,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Soltis Investment Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% in the third quarter. Soltis Investment Advisors LLC now owns 12,916 shares of the company’s stock valued at $1,259,000 after buying an additional 331 shares in the last quarter. Founders Financial Securities LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $14,860,000. D.A. Davidson & CO. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $12,300,000. Beacon Advisors Holdings LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.7% in the 3rd quarter. Beacon Advisors Holdings LLC now owns 133,017 shares of the company’s stock worth $12,961,000 after buying an additional 3,437 shares in the last quarter. Finally, Asset Management One Co. Ltd. acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $214,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.2%

Shares of BATS USMV opened at $102.93 on Friday. The company’s 50-day moving average price is $100.46 and its 200 day moving average price is $96.99. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $103.84. The stock has a market cap of $26.27 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.