23,580 Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Bought by Wetzel Investment Advisors Inc.

Wetzel Investment Advisors Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 23,580 shares of the company’s stock, valued at approximately $1,840,000. iShares MSCI USA Min Vol Factor ETF makes up about 1.1% of Wetzel Investment Advisors Inc.’s portfolio, making the stock its 23rd biggest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of Montreal Can raised its holdings in iShares MSCI USA Min Vol Factor ETF by 7.8% during the first quarter. Bank of Montreal Can now owns 8,253 shares of the company’s stock worth $646,000 after buying an additional 594 shares during the last quarter. Blair William & Co. IL raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1.7% during the first quarter. Blair William & Co. IL now owns 95,612 shares of the company’s stock worth $7,417,000 after buying an additional 1,612 shares during the last quarter. AJ Wealth Strategies LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 4.4% during the first quarter. AJ Wealth Strategies LLC now owns 1,348,690 shares of the company’s stock worth $104,618,000 after buying an additional 57,434 shares during the last quarter. Founders Financial Securities LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 27.0% during the first quarter. Founders Financial Securities LLC now owns 88,779 shares of the company’s stock worth $6,887,000 after buying an additional 18,853 shares during the last quarter. Finally, West Michigan Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 6.1% during the first quarter. West Michigan Advisors LLC now owns 12,575 shares of the company’s stock worth $975,000 after buying an additional 719 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.6 %

USMV traded up $0.49 during trading on Friday, hitting $80.49. 2,948,059 shares of the company’s stock were exchanged. The business’s 50 day moving average is $81.71 and its two-hundred day moving average is $78.04. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The stock has a market cap of $23.54 billion, a P/E ratio of 25.31 and a beta of 0.59.

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.