180,124 Shares in iShares MSCI USA Min Vol Factor ETF $USMV Bought by AAF Wealth Management LLC

AAF Wealth Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 180,124 shares of the company’s stock, valued at approximately $16,908,000. iShares MSCI USA Min Vol Factor ETF comprises approximately 7.7% of AAF Wealth Management LLC’s portfolio, making the stock its 5th largest holding.

Other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the second quarter. International Assets Investment Management LLC now owns 15,132 shares of the company’s stock worth $1,420,000 after purchasing an additional 110 shares in the last quarter. Key Financial Inc grew its stake in 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 during the last quarter. Asset Dedication LLC grew its stake in 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 during the last quarter. Sensible Money LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1.3% during the first quarter. Sensible Money LLC now owns 8,839 shares of the company’s stock worth $828,000 after buying an additional 112 shares during the period. Finally, KPP Advisory Services LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 2.9% in the second quarter. KPP Advisory Services LLC now owns 4,167 shares of the company’s stock valued at $391,000 after buying an additional 118 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.2%

USMV stock opened at $93.23 on Monday. The company has a market capitalization of $23.79 billion, a P/E ratio of 22.90 and a beta of 0.72. The business has a 50 day simple moving average of $94.23 and a 200-day simple moving average of $93.33. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month 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.