iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Purchased by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 634,509 shares of the company’s stock after acquiring an additional 43,846 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises 0.7% of Integrated Wealth Concepts LLC’s holdings, making the stock its 21st biggest position. Integrated Wealth Concepts LLC owned about 0.22% of iShares MSCI USA Min Vol Factor ETF worth $57,937,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Headlands Technologies LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $30,000. Gleason Group Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $32,000. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $33,000. Strategic Financial Concepts LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth $35,000. Finally, Fortitude Family Office LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at about $38,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $94.16 on Tuesday. 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 $91.99 and its 200-day simple moving average is $88.34. The company has a market cap of $27.59 billion, a PE ratio of 25.30 and a beta of 0.59.

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.