iShares MSCI USA Min Vol Factor ETF $USMV Position Boosted by New World Advisors LLC

New World Advisors LLC increased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 21.7% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,213 shares of the company’s stock after purchasing an additional 931 shares during the period. New World Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $489,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. ROSS JOHNSON & Associates LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $28,000. Avion Wealth lifted its stake in iShares MSCI USA Min Vol Factor ETF by 88.8% during the second quarter. Avion Wealth now owns 304 shares of the company’s stock worth $28,000 after purchasing an additional 143 shares during the last quarter. Flaharty Asset Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter worth $30,000. Headlands Technologies LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter worth $37,000. Finally, Phillips Financial Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at $46,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $93.66 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.12. The firm’s 50-day moving average is $94.02 and its 200-day moving average is $93.55. The company has a market cap of $23.90 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.