CFM Wealth Partners LLC Buys 1,735 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

CFM Wealth Partners LLC raised its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,954 shares of the company’s stock after purchasing an additional 1,735 shares during the period. CFM Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,791,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Alterna Wealth Management Inc. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% during the fourth quarter. Alterna Wealth Management Inc. now owns 8,559 shares of the company’s stock valued at $760,000 after buying an additional 556 shares during the last quarter. Ironwood Wealth Management Inc. raised its position in iShares MSCI USA Min Vol Factor ETF by 1.0% in the fourth quarter. Ironwood Wealth Management Inc. now owns 142,733 shares of the company’s stock worth $12,515,000 after acquiring an additional 1,353 shares during the period. U.S. Capital Wealth Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $483,000. Golden State Equity Partners raised its position in iShares MSCI USA Min Vol Factor ETF by 312.9% in the fourth quarter. Golden State Equity Partners now owns 16,261 shares of the company’s stock worth $1,444,000 after acquiring an additional 12,323 shares during the period. Finally, DAVENPORT & Co LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 31.3% in the fourth quarter. DAVENPORT & Co LLC now owns 4,071 shares of the company’s stock worth $361,000 after acquiring an additional 971 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $91.97 on Monday. The firm has a market cap of $26.95 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The firm’s 50-day simple moving average is $90.93 and its two-hundred day simple moving average is $90.40.

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.