iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Bought by 1900 Wealth Management LLC

1900 Wealth Management LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 21.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 108,000 shares of the company’s stock after buying an additional 19,026 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up about 0.8% of 1900 Wealth Management LLC’s investment portfolio, making the stock its 22nd largest holding. 1900 Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,027,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Headlands Technologies LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $30,000. Gleason Group Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter worth $32,000. Hantz Financial Services Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at $33,000. Fortitude Family Office LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at $38,000. Finally, Bfsg LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% during the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after purchasing an additional 228 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV traded up $0.84 during midday trading on Friday, hitting $93.47. The company’s stock had a trading volume of 1,849,251 shares. The firm has a market cap of $27.39 billion, a P/E 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 firm’s fifty day moving average price is $91.26 and its 200-day moving average price is $87.03.

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.