30,410 Shares in iShares MSCI USA Min Vol Factor ETF $USMV Acquired by Sherman Wealth Management LLC

Sherman Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 30,410 shares of the company’s stock, valued at approximately $2,863,000. iShares MSCI USA Min Vol Factor ETF makes up 2.5% of Sherman Wealth Management LLC’s holdings, making the stock its 9th largest position.

Several other institutional investors also recently modified their holdings of USMV. Nova R Wealth Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% in the 4th quarter. Nova R Wealth Inc. now owns 14,572 shares of the company’s stock valued at $1,372,000 after acquiring an additional 374 shares during the last quarter. Lineweaver Wealth Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 1.4% in the 4th quarter. Lineweaver Wealth Advisors LLC now owns 311,983 shares of the company’s stock worth $29,376,000 after purchasing an additional 4,443 shares in the last quarter. Chesley Taft & Associates LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $231,000. Capital Investment Advisors LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 7.5% during the fourth quarter. Capital Investment Advisors LLC now owns 3,031 shares of the company’s stock valued at $285,000 after purchasing an additional 212 shares in the last quarter. Finally, CoreCap Advisors LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 3.7% during the fourth quarter. CoreCap Advisors LLC now owns 20,864 shares of the company’s stock worth $1,965,000 after purchasing an additional 753 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $91.12 on Monday. The business has a 50 day moving average of $95.23 and a 200-day moving average of $94.58. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $98.07. The company has a market capitalization of $23.25 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.