iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stock Position Lifted by Kwmg LLC

Kwmg LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.2% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 116,174 shares of the company’s stock after buying an additional 1,376 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises about 1.1% of Kwmg LLC’s investment portfolio, making the stock its 28th biggest holding. Kwmg LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,710,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Keener Financial Planning LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $26,000. Horrell Capital Management Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $27,000. Global Trust Asset Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $27,000. M&R Capital Management Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $34,000. Finally, SYM FINANCIAL Corp grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 232.9% during the 4th quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock worth $38,000 after purchasing an additional 340 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV traded down $0.41 during midday trading on Wednesday, reaching $84.22. 1,227,817 shares of the company’s stock were exchanged. The firm has a market capitalization of $24.68 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The company’s 50 day simple moving average is $82.50 and its two-hundred day simple moving average is $81.07.

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.