DecisionMap Wealth Management LLC Takes $1.95 Million Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

DecisionMap Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 21,930 shares of the company’s stock, valued at approximately $1,947,000. iShares MSCI USA Min Vol Factor ETF accounts for 1.5% of DecisionMap Wealth Management LLC’s investment portfolio, making the stock its 18th biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vestcor Inc increased its position in iShares MSCI USA Min Vol Factor ETF by 43.3% during the 4th quarter. Vestcor Inc now owns 17,610 shares of the company’s stock valued at $1,564,000 after buying an additional 5,320 shares in the last quarter. Avantax Advisory Services Inc. increased its position in iShares MSCI USA Min Vol Factor ETF by 1.2% during the 4th quarter. Avantax Advisory Services Inc. now owns 230,042 shares of the company’s stock valued at $20,425,000 after buying an additional 2,804 shares in the last quarter. Farther Finance Advisors LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 31.5% during the 4th quarter. Farther Finance Advisors LLC now owns 18,817 shares of the company’s stock valued at $1,671,000 after buying an additional 4,512 shares in the last quarter. Smart Portfolios LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 2.2% during the 4th quarter. Smart Portfolios LLC now owns 5,235 shares of the company’s stock valued at $465,000 after buying an additional 112 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 25.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,364 shares of the company’s stock valued at $121,000 after buying an additional 281 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 2.9 %

USMV stock opened at $91.22 on Thursday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The firm has a market cap of $23.18 billion, a PE ratio of 24.43 and a beta of 0.79. The business has a 50 day moving average of $91.76 and a 200 day moving average of $91.58.

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.