Heck Capital Advisors LLC Has $1.04 Million Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Heck Capital Advisors LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 105.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,046 shares of the company’s stock after purchasing an additional 5,658 shares during the quarter. Heck Capital Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,037,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of USMV. Compass Wealth Management LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 82.0% in the 1st quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock valued at $26,000 after purchasing an additional 123 shares during the period. ROSS JOHNSON & Associates LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the first quarter worth approximately $28,000. Columbia River Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter valued at approximately $30,000. Flaharty Asset Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $30,000. Finally, LRI Investments LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $33,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 7.3%

BATS:USMV opened at $95.14 on Monday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $95.12. The company has a fifty day moving average of $93.82 and a 200-day moving average of $92.80. The firm has a market capitalization of $24.28 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.