iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Bought by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 15.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 636,926 shares of the company’s stock after buying an additional 82,923 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises approximately 1.6% of Geneos Wealth Management Inc.’s investment portfolio, making the stock its 4th largest holding. Geneos Wealth Management Inc. owned about 0.25% of iShares MSCI USA Min Vol Factor ETF worth $59,655,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Kirtland Hills Capital Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at $522,000. Financial Management Network Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 2.2% in the 1st quarter. Financial Management Network Inc. now owns 6,131 shares of the company’s stock valued at $529,000 after purchasing an additional 132 shares during the period. PTM Wealth Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at $809,000. Atlas Legacy Advisors LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 5.7% in the 1st quarter. Atlas Legacy Advisors LLC now owns 13,391 shares of the company’s stock valued at $1,243,000 after purchasing an additional 720 shares during the period. Finally, Facet Wealth Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 16.2% in the 1st quarter. Facet Wealth Inc. now owns 438,785 shares of the company’s stock valued at $40,697,000 after purchasing an additional 61,206 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.4%

BATS USMV opened at $93.43 on Tuesday. The company has a fifty day simple moving average of $93.15 and a 200 day simple moving average of $92.26. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12. The company has a market cap of $23.84 billion, a P/E 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.