Kingsview Wealth Management LLC Raises Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Kingsview Wealth Management LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 64.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 43,887 shares of the company’s stock after purchasing an additional 17,121 shares during the period. Kingsview Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,175,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 12.9% in the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after buying an additional 1,291 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 366.3% in the 1st quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after acquiring an additional 27,868 shares during the period. Y Intercept Hong Kong Ltd purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $626,000. Creative Financial Designs Inc. ADV raised its position in iShares MSCI USA Min Vol Factor ETF by 37.5% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 1,045 shares of the company’s stock valued at $98,000 after purchasing an additional 285 shares during the last quarter. Finally, TIAA Trust National Association boosted its stake in iShares MSCI USA Min Vol Factor ETF by 3.9% during the 2nd quarter. TIAA Trust National Association now owns 12,169 shares of the company’s stock worth $1,142,000 after purchasing an additional 461 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $97.21 on Wednesday. The firm’s fifty day moving average is $95.27 and its two-hundred day moving average is $94.53. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $98.07. The firm has a market cap of $24.81 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.