Cassia Capital Partners LLC Has $22.17 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Cassia Capital Partners LLC grew its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 239,019 shares of the company’s stock after purchasing an additional 11,526 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up approximately 11.4% of Cassia Capital Partners LLC’s holdings, making the stock its biggest holding. Cassia Capital Partners LLC owned about 0.09% of iShares MSCI USA Min Vol Factor ETF worth $22,167,000 at the end of the most recent reporting period.

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

iShares MSCI USA Min Vol Factor ETF Stock Up 0.4%

Shares of BATS:USMV opened at $96.89 on Thursday. 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 fifty-two week low of $91.02 and a fifty-two week high of $98.07. The firm has a 50-day simple moving average of $95.29 and a 200 day simple moving average of $94.92.

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.