Kathmere Capital Management LLC Has $1.18 Million Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Kathmere Capital Management LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,643 shares of the company’s stock after buying an additional 295 shares during the quarter. Kathmere Capital Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,184,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of USMV. Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 102.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock worth $620,423,000 after buying an additional 3,352,591 shares in the last quarter. Focus Partners Wealth lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 261.0% during the 4th quarter. Focus Partners Wealth now owns 1,119,087 shares of the company’s stock worth $99,364,000 after buying an additional 809,082 shares in the last quarter. Horizon Wealth Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $39,347,000. Ball & Co Wealth Management Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $32,334,000. Finally, Sagespring Wealth Partners LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $32,129,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.7%

iShares MSCI USA Min Vol Factor ETF stock opened at $92.77 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $83.99 and a 52 week high of $95.12. The company’s 50 day moving average price is $93.03 and its two-hundred day moving average price is $91.91. The stock has a market cap of $23.67 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.