6,520 Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Purchased by Mainstream Capital Management LLC

Mainstream Capital Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,520 shares of the company’s stock, valued at approximately $595,000.

Several other large investors also recently added to or reduced their stakes in USMV. BNP Paribas Financial Markets increased its holdings in iShares MSCI USA Min Vol Factor ETF by 558.9% in the 1st quarter. BNP Paribas Financial Markets now owns 20,190 shares of the company’s stock worth $1,687,000 after acquiring an additional 17,126 shares during the last quarter. SG Americas Securities LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 292.2% during the 1st quarter. SG Americas Securities LLC now owns 57,256 shares of the company’s stock valued at $4,785,000 after buying an additional 42,659 shares in the last quarter. Adaptive Financial Consulting LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 1.4% during the 1st quarter. Adaptive Financial Consulting LLC now owns 223,098 shares of the company’s stock valued at $18,647,000 after buying an additional 3,044 shares in the last quarter. Facet Wealth Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 42.0% during the 1st quarter. Facet Wealth Inc. now owns 286,617 shares of the company’s stock valued at $23,388,000 after buying an additional 84,781 shares in the last quarter. Finally, GW Henssler & Associates Ltd. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% during the 1st quarter. GW Henssler & Associates Ltd. now owns 10,850 shares of the company’s stock valued at $907,000 after acquiring an additional 135 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.2 %

Shares of USMV opened at $92.63 on Friday. The company has a market cap of $27.14 billion, a PE ratio of 25.30 and a beta of 0.59. The stock has a 50-day moving average price of $91.22 and a 200-day moving average price of $86.91. 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.