Chicago Partners Investment Group LLC Has $1.12 Million Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

Chicago Partners Investment Group LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.6% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,878 shares of the company’s stock after buying an additional 192 shares during the period. Chicago Partners Investment Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,116,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. International Assets Investment Management LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the 2nd quarter. International Assets Investment Management LLC now owns 15,132 shares of the company’s stock worth $1,420,000 after buying an additional 110 shares in the last quarter. Key Financial Inc raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.6% during the 1st quarter. Key Financial Inc now owns 1,794 shares of the company’s stock worth $168,000 after buying an additional 111 shares in the last quarter. Asset Dedication LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% during the 1st quarter. Asset Dedication LLC now owns 8,489 shares of the company’s stock worth $795,000 after buying an additional 112 shares in the last quarter. Sensible Money LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% during the 1st quarter. Sensible Money LLC now owns 8,839 shares of the company’s stock worth $828,000 after buying an additional 112 shares in the last quarter. Finally, KPP Advisory Services LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.9% during the 2nd quarter. KPP Advisory Services LLC now owns 4,167 shares of the company’s stock worth $391,000 after buying an additional 118 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.8%

Shares of USMV opened at $94.64 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12. The business has a 50-day simple moving average of $94.17 and a two-hundred day simple moving average of $92.95. The stock has a market cap of $24.15 billion, a PE ratio of 22.90 and a beta of 0.72.

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.