Executive Wealth Management LLC Has $28.69 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Executive Wealth Management LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 21.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 314,228 shares of the company’s stock after purchasing an additional 56,184 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for about 2.3% of Executive Wealth Management LLC’s portfolio, making the stock its 8th biggest position. Executive Wealth Management LLC owned about 0.11% of iShares MSCI USA Min Vol Factor ETF worth $28,692,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of USMV. QRG Capital Management Inc. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 36.5% in the second quarter. QRG Capital Management Inc. now owns 4,752 shares of the company’s stock valued at $399,000 after buying an additional 1,270 shares during the period. Sequoia Financial Advisors LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 14.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 5,578 shares of the company’s stock worth $468,000 after purchasing an additional 717 shares during the period. Maia Wealth LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth about $1,477,000. Wealth Enhancement Advisory Services LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock valued at $268,843,000 after purchasing an additional 31,625 shares during the period. Finally, ORG Partners LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at about $2,973,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock opened at $93.53 on Monday. The business has a 50-day moving average of $92.22 and a 200-day moving average of $88.62. 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 capitalization of $27.40 billion, a P/E ratio of 25.30 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.