DecisionMap Wealth Management LLC Has $2.30 Million Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

DecisionMap Wealth Management LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,520 shares of the company’s stock after purchasing an additional 802 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up about 1.6% of DecisionMap Wealth Management LLC’s investment portfolio, making the stock its 18th biggest holding. DecisionMap Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,302,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Compass Wealth Management LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 82.0% during the 1st quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock worth $26,000 after buying an additional 123 shares during the last quarter. ROSS JOHNSON & Associates LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the first quarter worth about $28,000. Columbia River Financial Group LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the first quarter worth about $30,000. Flaharty Asset Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the first quarter valued at approximately $30,000. Finally, LRI Investments LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter valued at approximately $33,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.8%

BATS:USMV opened at $94.64 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $95.12. The firm has a market capitalization of $24.15 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The stock’s 50 day moving average price is $94.17 and its two-hundred day moving average price is $92.95.

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.