SMART Wealth LLC Invests $547,000 in iShares MSCI USA Min Vol Factor ETF $USMV

SMART Wealth LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,669 shares of the company’s stock, valued at approximately $547,000.

A number of other institutional investors have also made changes to their positions in USMV. Hibernia Wealth Partners LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 66.1% in the fourth quarter. Hibernia Wealth Partners LLC now owns 63,378 shares of the company’s stock valued at $5,968,000 after acquiring an additional 25,216 shares during the last quarter. Western Wealth Management LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 28.4% during the 4th quarter. Western Wealth Management LLC now owns 74,251 shares of the company’s stock worth $6,992,000 after purchasing an additional 16,434 shares in the last quarter. Vise Technologies Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 51.0% during the 4th quarter. Vise Technologies Inc. now owns 50,158 shares of the company’s stock worth $4,723,000 after purchasing an additional 16,949 shares in the last quarter. Kennedy Investment Group boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.3% in the 4th quarter. Kennedy Investment Group now owns 117,219 shares of the company’s stock valued at $11,037,000 after buying an additional 6,942 shares during the last quarter. Finally, WCG Wealth Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $1,264,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 1.0%

BATS:USMV opened at $100.80 on Friday. The stock has a market capitalization of $25.72 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $102.21. The firm has a fifty day simple moving average of $99.07 and a 200 day simple moving average of $96.38.

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.