Able Wealth Management LLC Purchases 6,696 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Able Wealth Management LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.9% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 81,559 shares of the company’s stock after acquiring an additional 6,696 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up approximately 2.0% of Able Wealth Management LLC’s investment portfolio, making the stock its 13th largest position. Able Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,564,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in USMV. Frankly Finances LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $25,000. Investors Research Corp acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $26,000. Elevated Capital Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $29,000. Chapman Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $29,000. Finally, Abound Wealth Management lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 437.1% in the 4th quarter. Abound Wealth Management now owns 333 shares of the company’s stock worth $31,000 after purchasing an additional 271 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.4%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $96.89 on Thursday. The business has a 50 day moving average price of $95.29 and a 200-day moving average price of $94.92. The company has a market cap of $24.73 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $98.07.

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.