Facet Wealth Inc. Buys 29,636 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Facet Wealth Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 377,579 shares of the company’s stock after acquiring an additional 29,636 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises 0.9% of Facet Wealth Inc.’s investment portfolio, making the stock its 20th biggest position. Facet Wealth Inc. owned approximately 0.13% of iShares MSCI USA Min Vol Factor ETF worth $35,005,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of USMV. Millburn Ridgefield Corp boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 5.2% in the 4th quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after buying an additional 180,849 shares during the period. Darrow Company Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% in the 4th quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock worth $13,755,000 after buying an additional 1,256 shares during the period. Golden State Wealth Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $1,529,000. Advisors Preferred LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $438,000. Finally, MONECO Advisors LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.4% in the 4th quarter. MONECO Advisors LLC now owns 106,286 shares of the company’s stock worth $9,437,000 after buying an additional 427 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 3.9 %

USMV opened at $92.09 on Friday. The company has a 50 day moving average of $91.87 and a 200 day moving average of $91.60. The company has a market cap of $24.04 billion, a PE ratio of 24.03 and a beta of 0.77. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45.

About iShares MSCI USA Min Vol Factor ETF

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.