Blake Schutter Theil Wealth Advisors LLC Invests $2.44 Million in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Blake Schutter Theil Wealth Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the third quarter, HoldingsChannel reports. The firm acquired 26,746 shares of the company’s stock, valued at approximately $2,442,000. iShares MSCI USA Min Vol Factor ETF accounts for approximately 1.8% of Blake Schutter Theil Wealth Advisors LLC’s portfolio, making the stock its 10th largest holding.

Several other institutional investors have also bought and sold shares of USMV. Headlands Technologies LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $30,000. Gleason Group Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $32,000. Hantz Financial Services Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $33,000. Strategic Financial Concepts LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $35,000. Finally, Fortitude Family Office LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at about $38,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV opened at $92.45 on Thursday. The firm’s 50 day moving average is $91.18 and its 200-day moving average is $86.87. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The stock has a market capitalization of $27.09 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.