Wealth Enhancement Trust Services Inc. Purchases Shares of 16,140 iShares MSCI USA Min Vol Factor ETF $USMV

Wealth Enhancement Trust Services Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 16,140 shares of the company’s stock, valued at approximately $1,520,000.

Several other large investors also recently made changes to their positions in USMV. Brighton Jones LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 12.9% during the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after purchasing an additional 1,291 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 366.3% in the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after purchasing an additional 27,868 shares in the last quarter. Hsbc Holdings PLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at about $399,000. First Trust Advisors LP boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 39.0% during the second quarter. First Trust Advisors LP now owns 7,845 shares of the company’s stock worth $736,000 after buying an additional 2,201 shares during the period. Finally, Qube Research & Technologies Ltd boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 465.5% during the second quarter. Qube Research & Technologies Ltd now owns 244,764 shares of the company’s stock worth $22,976,000 after buying an additional 201,483 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $94.86 on Friday. The stock has a 50-day simple moving average of $94.78 and a 200 day simple moving average of $94.51. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $87.41 and a 52-week high of $98.07. The company has a market cap of $24.21 billion, a PE ratio of 22.90 and a beta of 0.72.

About iShares MSCI USA Min Vol Factor ETF

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.