Ibex Wealth Advisors Raises Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Ibex Wealth Advisors raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 37.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 84,804 shares of the company’s stock after purchasing an additional 23,033 shares during the quarter. Ibex Wealth Advisors’ holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,961,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. International Assets Investment Management LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the second quarter. International Assets Investment Management LLC now owns 15,132 shares of the company’s stock worth $1,420,000 after buying an additional 110 shares in the last quarter. Key Financial Inc boosted its stake in iShares MSCI USA Min Vol Factor ETF by 6.6% during the 1st quarter. Key Financial Inc now owns 1,794 shares of the company’s stock valued at $168,000 after acquiring an additional 111 shares during the last quarter. Asset Dedication LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 1.3% during the 1st quarter. Asset Dedication LLC now owns 8,489 shares of the company’s stock worth $795,000 after acquiring an additional 112 shares in the last quarter. Sensible Money LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% in the 1st quarter. Sensible Money LLC now owns 8,839 shares of the company’s stock worth $828,000 after purchasing an additional 112 shares during the last quarter. Finally, KPP Advisory Services LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.9% in the 2nd quarter. KPP Advisory Services LLC now owns 4,167 shares of the company’s stock worth $391,000 after purchasing an additional 118 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $92.95 on Monday. The company has a market capitalization of $23.72 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12. The stock has a 50-day simple moving average of $94.11 and a 200 day simple moving average of $93.43.

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.