DMC Group LLC Invests $222,000 in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

DMC Group LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,436 shares of the company’s stock, valued at approximately $222,000.

Other large investors have also bought and sold shares of the company. Cetera Investment Advisers grew its holdings in iShares MSCI USA Min Vol Factor ETF by 270.9% in the first quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock worth $158,465,000 after purchasing an additional 1,384,833 shares during the period. Dynasty Wealth Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth about $83,046,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 31.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,170,418 shares of the company’s stock valued at $264,984,000 after buying an additional 755,493 shares during the period. Carrera Capital Advisors bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $33,148,000. Finally, Symmetry Partners LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 75.6% during the 2nd quarter. Symmetry Partners LLC now owns 769,232 shares of the company’s stock worth $64,585,000 after buying an additional 331,096 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.0 %

Shares of USMV opened at $92.87 on Friday. The business’s fifty day moving average is $90.67 and its 200 day moving average is $85.96. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The stock has a market cap of $27.21 billion, a P/E ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF 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.