Quotient Wealth Partners LLC Purchases 52,608 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Quotient Wealth Partners LLC raised its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.2% during the third quarter, according to its most recent filing with the SEC. The firm owned 1,072,213 shares of the company’s stock after purchasing an additional 52,608 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for approximately 2.8% of Quotient Wealth Partners LLC’s portfolio, making the stock its 12th largest position. Quotient Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $102,010,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of USMV. Secure Asset Management LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 2.8% during the third quarter. Secure Asset Management LLC now owns 3,904 shares of the company’s stock worth $371,000 after buying an additional 108 shares during the last quarter. International Assets Investment Management LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 0.7% during the second quarter. International Assets Investment Management LLC now owns 15,132 shares of the company’s stock valued at $1,420,000 after acquiring an additional 110 shares during the last quarter. KPP Advisory Services LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 2.9% during the 2nd quarter. KPP Advisory Services LLC now owns 4,167 shares of the company’s stock worth $391,000 after acquiring an additional 118 shares during the period. Almanack Investment Partners LLC. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% in the 2nd quarter. Almanack Investment Partners LLC. now owns 20,319 shares of the company’s stock worth $1,907,000 after acquiring an additional 124 shares in the last quarter. Finally, Beacon Financial Advisory LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% in the 2nd quarter. Beacon Financial Advisory LLC now owns 10,046 shares of the company’s stock valued at $943,000 after purchasing an additional 128 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.08 on Friday. The stock’s 50-day moving average is $94.00 and its 200 day moving average is $93.74. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12. The firm has a market cap of $24.01 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.