iShares MSCI USA Min Vol Factor ETF $USMV Shares Newly Acquired by Wealth Management Resources Inc.

Wealth Management Resources Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 133,013 shares of the company’s stock, valued at approximately $12,961,000. iShares MSCI USA Min Vol Factor ETF makes up approximately 4.0% of Wealth Management Resources Inc.’s investment portfolio, making the stock its 10th largest holding. Wealth Management Resources Inc. owned about 0.05% of iShares MSCI USA Min Vol Factor ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Commonwealth Financial Services LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $246,000. Vision Capital Management Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth $283,000. Retirement Planning Group LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth $1,697,000. Kaufman Rossin Wealth LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth $285,000. Finally, McKinley Carter Wealth Services Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth $297,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $102.32 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $102.36. The stock has a market capitalization of $26.11 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The stock has a fifty day moving average of $100.11 and a 200-day moving average of $97.40.

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.