Walled Lake Planning & Wealth Management LLC Has $15.89 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Walled Lake Planning & Wealth Management LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 169,611 shares of the company’s stock after buying an additional 3,460 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for 5.6% of Walled Lake Planning & Wealth Management LLC’s investment portfolio, making the stock its 2nd largest holding. Walled Lake Planning & Wealth Management LLC owned 0.07% of iShares MSCI USA Min Vol Factor ETF worth $15,886,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Compass Wealth Management LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 82.0% during the 1st quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock valued at $26,000 after buying an additional 123 shares during the last quarter. Chapman Financial Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $28,000. Columbia River Financial Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth about $30,000. LRI Investments LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth about $33,000. Finally, Blue Bell Private Wealth Management LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 77.9% during the 1st quarter. Blue Bell Private Wealth Management LLC now owns 386 shares of the company’s stock worth $36,000 after purchasing an additional 169 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $93.43 on Tuesday. The stock’s 50-day simple moving average is $93.15 and its 200 day simple moving average is $92.26. The stock has a market capitalization of $23.84 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 and a 52-week high of $95.12.

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.