Gilpin Wealth Management LLC Acquires Shares of 5,770 iShares MSCI USA Min Vol Factor ETF $USMV

Gilpin Wealth Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 5,770 shares of the company’s stock, valued at approximately $543,000.

Other large investors have also recently added to or reduced their stakes in the company. Millstone Evans Group LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.3% during the 4th quarter. Millstone Evans Group LLC now owns 1,782 shares of the company’s stock worth $168,000 after purchasing an additional 106 shares during the last quarter. Signature Estate & Investment Advisors LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 36,125 shares of the company’s stock worth $3,402,000 after purchasing an additional 118 shares during the last quarter. Opulen Financial Group LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% during the 3rd quarter. Opulen Financial Group LLC now owns 5,120 shares of the company’s stock worth $487,000 after purchasing an additional 118 shares during the last quarter. TSA Wealth Managment LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.6% during the 4th quarter. TSA Wealth Managment LLC now owns 3,561 shares of the company’s stock worth $335,000 after purchasing an additional 124 shares during the last quarter. Finally, Strategic Point Investment Advisors LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% during the 4th quarter. Strategic Point Investment Advisors LLC now owns 42,752 shares of the company’s stock worth $4,025,000 after purchasing an additional 127 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.4%

BATS USMV opened at $95.22 on Thursday. The company has a fifty day simple moving average of $94.76 and a 200 day simple moving average of $94.81. The company has a market cap of $24.30 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $98.07.

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.