Western Wealth Management LLC Boosts Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Western Wealth Management LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 28.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,251 shares of the company’s stock after buying an additional 16,434 shares during the period. Western Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,992,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of USMV. Frankly Finances LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $25,000. Investors Research Corp purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $26,000. Elevated Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $29,000. Chapman Financial Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $29,000. Finally, Manning & Napier Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $30,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock opened at $94.31 on Thursday. The firm has a market capitalization of $24.07 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $98.07. The business has a 50 day simple moving average of $94.11 and a 200-day simple moving average of $94.45.

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.