SHP Wealth Management Invests $515,000 in iShares MSCI USA Min Vol Factor ETF $USMV

SHP Wealth Management purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,474 shares of the company’s stock, valued at approximately $515,000.

Several other large investors have also recently modified their holdings of USMV. Koenig Investment Advisory LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $14,341,000. Beacon Advisors Holdings LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $12,409,000. 46 Peaks LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $362,000. BDFS Capital LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $259,000. Finally, Tempo Wealth LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $429,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV opened at $94.24 on Friday. The firm’s 50 day moving average price is $95.04 and its 200-day moving average price is $94.85. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $98.07. The company has a market cap of $24.05 billion, a PE ratio of 22.90 and a beta of 0.72.

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.