Mascoma Wealth Management LLC Has $7.10 Million Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Mascoma Wealth Management LLC raised its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 213.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 76,590 shares of the company’s stock after purchasing an additional 52,184 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up approximately 1.5% of Mascoma Wealth Management LLC’s holdings, making the stock its 16th biggest position. Mascoma Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,103,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of USMV. WealthPLAN Partners LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% during the fourth quarter. WealthPLAN Partners LLC now owns 4,160 shares of the company’s stock valued at $392,000 after buying an additional 105 shares during the last quarter. Millstone Evans Group LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 6.3% during the fourth quarter. Millstone Evans Group LLC now owns 1,782 shares of the company’s stock worth $168,000 after buying an additional 106 shares in the last quarter. Delta Wealth Advisors LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 0.3% during the first quarter. Delta Wealth Advisors LLC now owns 36,699 shares of the company’s stock valued at $3,403,000 after acquiring an additional 108 shares during the period. KW Wealth Management LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% in the 4th quarter. KW Wealth Management LLC now owns 13,553 shares of the company’s stock valued at $1,276,000 after acquiring an additional 109 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.3% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 36,125 shares of the company’s stock valued at $3,402,000 after acquiring an additional 118 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.2%

Shares of USMV stock traded up $0.16 during mid-day trading on Friday, reaching $97.76. The stock had a trading volume of 1,808,736 shares, compared to its average volume of 2,501,746. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $98.73. The firm has a market cap of $24.95 billion, a PE ratio of 22.90 and a beta of 0.72. The firm’s 50 day simple moving average is $95.84 and its 200 day simple moving average is $95.10.

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.