Opes Wealth Management LLC Buys Shares of 2,682 iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Opes Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,682 shares of the company’s stock, valued at approximately $209,000.

Other large investors have also recently bought and sold shares of the company. Bank of Montreal Can raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 7.8% during the first quarter. Bank of Montreal Can now owns 8,253 shares of the company’s stock worth $646,000 after acquiring an additional 594 shares during the last quarter. Blair William & Co. IL raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.7% during the first quarter. Blair William & Co. IL now owns 95,612 shares of the company’s stock worth $7,417,000 after acquiring an additional 1,612 shares during the last quarter. AJ Wealth Strategies LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.4% during the first quarter. AJ Wealth Strategies LLC now owns 1,348,690 shares of the company’s stock worth $104,618,000 after acquiring an additional 57,434 shares during the last quarter. Founders Financial Securities LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 27.0% during the first quarter. Founders Financial Securities LLC now owns 88,779 shares of the company’s stock worth $6,887,000 after acquiring an additional 18,853 shares during the last quarter. Finally, West Michigan Advisors LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.1% during the first quarter. West Michigan Advisors LLC now owns 12,575 shares of the company’s stock worth $975,000 after acquiring an additional 719 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV traded up $0.10 during mid-day trading on Thursday, reaching $80.02. 2,565,928 shares of the company were exchanged. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The stock has a market capitalization of $23.40 billion, a PE ratio of 25.31 and a beta of 0.59. The business has a 50 day simple moving average of $81.72 and a two-hundred day simple moving average of $78.02.

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.