Midwest Trust Co Makes New Investment in iShares MSCI USA Min Vol Factor ETF $USMV

Midwest Trust Co acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 7,814 shares of the company’s stock, valued at approximately $734,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Stokes Family Office LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 50.0% during the second quarter. Stokes Family Office LLC now owns 4,036 shares of the company’s stock worth $379,000 after purchasing an additional 1,345 shares in the last quarter. Quadrant Private Wealth Management LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 104.2% during the 2nd quarter. Quadrant Private Wealth Management LLC now owns 7,572 shares of the company’s stock worth $711,000 after acquiring an additional 3,863 shares in the last quarter. Bryn Mawr Trust Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $223,000. Modera Wealth Management LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 15.3% in the second quarter. Modera Wealth Management LLC now owns 2,723 shares of the company’s stock valued at $256,000 after acquiring an additional 361 shares in the last quarter. Finally, Soltis Investment Advisors LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 9.9% during the second quarter. Soltis Investment Advisors LLC now owns 10,092 shares of the company’s stock worth $947,000 after purchasing an additional 905 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $94.23 on Wednesday. The company has a market capitalization of $24.05 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $95.12. The stock has a 50-day simple moving average of $94.10 and a 200-day simple moving average of $93.47.

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.