iShares MSCI USA Min Vol Factor ETF (BATS:USMV) is Wealth Management Resources Inc.’s 9th Largest Position

Wealth Management Resources Inc. trimmed its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 26.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 137,207 shares of the company’s stock after selling 49,069 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises approximately 4.5% of Wealth Management Resources Inc.’s portfolio, making the stock its 9th largest holding. Wealth Management Resources Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $12,183,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Renaissance Technologies LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $1,369,000. Vanguard Personalized Indexing Management LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 16.8% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,655 shares of the company’s stock valued at $559,000 after buying an additional 956 shares during the period. Bank of Montreal Can increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 572.4% during the 2nd quarter. Bank of Montreal Can now owns 250,380 shares of the company’s stock worth $21,142,000 after buying an additional 213,145 shares during the last quarter. AQR Capital Management LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 101.3% during the 2nd quarter. AQR Capital Management LLC now owns 27,458 shares of the company’s stock valued at $2,305,000 after buying an additional 13,818 shares during the period. Finally, Creative Planning lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.6% in the second quarter. Creative Planning now owns 210,145 shares of the company’s stock valued at $17,644,000 after acquiring an additional 1,286 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $90.97 on Friday. The stock has a 50 day moving average of $90.96 and a 200 day moving average of $90.13. The firm has a market capitalization of $26.65 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45.

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.