Mattern Wealth Management LLC Has $1.21 Million Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Mattern Wealth Management LLC raised its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,885 shares of the company’s stock after buying an additional 250 shares during the quarter. Mattern Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,210,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,675,665 shares of the company’s stock worth $628,581,000 after acquiring an additional 51,463 shares in the last quarter. LPL Financial LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 3.4% during the first quarter. LPL Financial LLC now owns 5,876,594 shares of the company’s stock worth $550,402,000 after purchasing an additional 190,680 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 4,605,177 shares of the company’s stock valued at $431,321,000 after purchasing an additional 112,814 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 17.3% in the 1st quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock valued at $360,219,000 after purchasing an additional 568,565 shares during the last quarter. Finally, Catalyst Capital Advisors LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.9% in the 1st quarter. Catalyst Capital Advisors LLC now owns 3,755,502 shares of the company’s stock valued at $351,740,000 after purchasing an additional 104,095 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.8%

Shares of USMV stock opened at $94.69 on Tuesday. The business has a fifty day simple moving average of $93.73 and a 200 day simple moving average of $92.74. The company has a market cap of $24.16 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $95.12.

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.