Forvis Mazars Wealth Advisors LLC Has $1.83 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Forvis Mazars Wealth Advisors LLC trimmed its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,633 shares of the company’s stock after selling 912 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,832,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of USMV. Wealthspire Advisors LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 17.2% during the 4th quarter. Wealthspire Advisors LLC now owns 7,087 shares of the company’s stock worth $629,000 after purchasing an additional 1,041 shares during the period. PMG Wealth Management Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $1,030,000. VisionPoint Advisory Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $119,000. Compass Capital Corp MA ADV acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $2,873,000. Finally, Able Wealth Management LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1.4% in the 4th quarter. Able Wealth Management LLC now owns 69,293 shares of the company’s stock valued at $6,153,000 after acquiring an additional 981 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.0 %

USMV opened at $93.06 on Monday. The stock has a market cap of $27.27 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The stock’s 50 day simple moving average is $90.80 and its 200-day simple moving average is $91.16.

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.