iShares MSCI USA Min Vol Factor ETF (BATS:USMV) is Able Wealth Management LLC’s 5th Largest Position

Able Wealth Management LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,293 shares of the company’s stock after acquiring an additional 981 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 4.0% of Able Wealth Management LLC’s investment portfolio, making the stock its 5th biggest holding. Able Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,153,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of USMV. Brighton Jones LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 1.1% in the 3rd quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock worth $913,000 after acquiring an additional 111 shares in the last quarter. Anchor Investment Management LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% in the third quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after purchasing an additional 112 shares during the period. Mcdonald Partners LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the fourth quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock valued at $1,299,000 after purchasing an additional 125 shares during the period. Aveo Capital Partners LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.7% during the 4th quarter. Aveo Capital Partners LLC now owns 3,598 shares of the company’s stock worth $319,000 after purchasing an additional 129 shares during the last quarter. Finally, First Bank & Trust raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% during the 4th quarter. First Bank & Trust now owns 5,338 shares of the company’s stock worth $474,000 after purchasing an additional 133 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.7 %

USMV stock opened at $93.71 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The business’s 50-day moving average is $90.74 and its 200 day moving average is $91.01. The stock has a market cap of $27.46 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF 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.