Diversify Wealth Management LLC Has $10.67 Million Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Diversify Wealth Management LLC grew its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 583.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 113,676 shares of the company’s stock after acquiring an additional 97,037 shares during the period. Diversify Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,672,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Brighton Jones LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% in the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after buying an additional 1,291 shares during the period. Jane Street Group LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 366.3% in the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after acquiring an additional 27,868 shares during the last quarter. Hsbc Holdings PLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $399,000. First Trust Advisors LP increased its position in iShares MSCI USA Min Vol Factor ETF by 39.0% in the second quarter. First Trust Advisors LP now owns 7,845 shares of the company’s stock worth $736,000 after purchasing an additional 2,201 shares during the period. Finally, Qube Research & Technologies Ltd raised its holdings in iShares MSCI USA Min Vol Factor ETF by 465.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 244,764 shares of the company’s stock worth $22,976,000 after purchasing an additional 201,483 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV traded up $0.16 on Friday, hitting $97.76. 1,808,736 shares of the stock were exchanged, compared to its average volume of 2,501,746. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $98.73. The stock has a market capitalization of $24.95 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The company’s 50-day moving average price is $95.84 and its 200 day moving average price is $95.10.

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.