iShares MSCI USA Min Vol Factor ETF (BATS:USMV) is Insight Wealth Strategies LLC’s Largest Position

Insight Wealth Strategies LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.2% in the fourth quarter, Holdings Channel reports. The firm owned 343,489 shares of the company’s stock after acquiring an additional 4,163 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up 4.1% of Insight Wealth Strategies LLC’s portfolio, making the stock its biggest position. Insight Wealth Strategies LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $30,498,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in USMV. Headlands Technologies LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $30,000. Fortitude Family Office LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $38,000. Bfsg LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 116.9% in the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after buying an additional 228 shares during the last quarter. Arrow Financial Corp purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $45,000. Finally, Cullen Frost Bankers Inc. boosted its position in iShares MSCI USA Min Vol Factor ETF by 62,400.0% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 625 shares of the company’s stock valued at $52,000 after buying an additional 624 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.5 %

BATS:USMV traded up $0.44 on Monday, reaching $89.10. The stock had a trading volume of 1,276,882 shares. The stock has a market cap of $26.11 billion, a P/E ratio of 25.30 and a beta of 0.59. The company has a 50-day moving average of $91.63 and a 200 day moving average of $89.61. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45.

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.