6,119 Shares in iShares MSCI USA Min Vol Factor ETF $USMV Purchased by PFG Private Wealth Management LLC

PFG Private Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,119 shares of the company’s stock, valued at approximately $576,000. iShares MSCI USA Min Vol Factor ETF accounts for approximately 0.3% of PFG Private Wealth Management LLC’s portfolio, making the stock its 27th largest holding.

Several other large investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% in the 3rd quarter. Bank of America Corp DE now owns 13,794,595 shares of the company’s stock worth $1,312,418,000 after acquiring an additional 98,221 shares during the period. Raymond James Financial Inc. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during the third quarter. Raymond James Financial Inc. now owns 13,521,148 shares of the company’s stock valued at $1,286,402,000 after purchasing an additional 206,108 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,977,742 shares of the company’s stock valued at $659,752,000 after purchasing an additional 145,843 shares in the last quarter. Millburn Ridgefield LLC DE raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.4% in the third quarter. Millburn Ridgefield LLC DE now owns 3,752,960 shares of the company’s stock valued at $357,057,000 after purchasing an additional 190,646 shares in the last quarter. Finally, UBS Group AG lifted its position in iShares MSCI USA Min Vol Factor ETF by 2.3% in the third quarter. UBS Group AG now owns 3,545,978 shares of the company’s stock worth $337,364,000 after purchasing an additional 80,056 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $92.74 on Wednesday. The company has a market capitalization of $23.67 billion, a P/E ratio of 22.90 and a beta of 0.72. The firm’s fifty day moving average price is $95.16 and its two-hundred day moving average price is $94.54. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $98.07.

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.