FLP Wealth Management LLC Acquires Shares of 5,555 iShares MSCI USA Min Vol Factor ETF $USMV

FLP Wealth Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,555 shares of the company’s stock, valued at approximately $523,000. iShares MSCI USA Min Vol Factor ETF comprises approximately 0.5% of FLP Wealth Management LLC’s investment portfolio, making the stock its 21st largest position.

A number of other large investors have also recently modified their holdings of USMV. Brighton Jones LLC grew its position 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 acquiring an additional 1,291 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 366.3% in the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock worth $3,323,000 after acquiring an additional 27,868 shares during the last quarter. XTX Topco Ltd bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $265,000. Hsbc Holdings PLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $399,000. Finally, CW Advisors LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 114.3% in the 2nd quarter. CW Advisors LLC now owns 20,408 shares of the company’s stock valued at $1,916,000 after purchasing an additional 10,885 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.36 on Friday. The firm’s 50 day moving average is $95.07 and its 200 day moving average is $94.52. The firm has a market capitalization of $23.83 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $98.07.

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.