5T Wealth LLC Takes Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

5T Wealth LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, HoldingsChannel reports. The fund acquired 24,073 shares of the company’s stock, valued at approximately $2,137,000. iShares MSCI USA Min Vol Factor ETF makes up 1.2% of 5T Wealth LLC’s holdings, making the stock its 26th biggest holding.

Other large investors have also modified their holdings of the company. Brighton Jones LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 1.1% during the 3rd quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock worth $913,000 after acquiring an additional 111 shares during the last quarter. Anchor Investment Management LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% during the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock worth $181,000 after purchasing an additional 112 shares during the last quarter. Aveo Capital Partners LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 3.7% during the 4th quarter. Aveo Capital Partners LLC now owns 3,598 shares of the company’s stock valued at $319,000 after purchasing an additional 129 shares during the period. Investment Partners Asset Management Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 1.5% in the 4th quarter. Investment Partners Asset Management Inc. now owns 9,309 shares of the company’s stock valued at $827,000 after buying an additional 137 shares during the last quarter. Finally, Focus Financial Network Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 0.3% in the 4th quarter. Focus Financial Network Inc. now owns 45,464 shares of the company’s stock valued at $4,037,000 after buying an additional 139 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.9 %

Shares of USMV stock opened at $92.99 on Monday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The firm has a market cap of $27.25 billion, a PE ratio of 25.30 and a beta of 0.59. The stock has a 50 day moving average of $90.69 and a 200-day moving average of $90.90.

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.