Future Financial Wealth Managment LLC Buys Shares of 2,198 iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Future Financial Wealth Managment LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,198 shares of the company’s stock, valued at approximately $184,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Keener Financial Planning LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $26,000. Horrell Capital Management Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $27,000. Global Trust Asset Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $27,000. M&R Capital Management Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $34,000. Finally, SYM FINANCIAL Corp grew its stake in iShares MSCI USA Min Vol Factor ETF by 232.9% during the 4th quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock worth $38,000 after purchasing an additional 340 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $84.05 on Friday. The stock’s 50-day moving average is $82.66 and its two-hundred day moving average is $81.11. The company has a market cap of $24.63 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

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.