WJ Wealth Management LLC Purchases Shares of 3,222 iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

WJ Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,222 shares of the company’s stock, valued at approximately $240,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Wealth Management Resources Inc. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 8.6% in the 2nd quarter. Wealth Management Resources Inc. now owns 131,209 shares of the company’s stock worth $9,753,000 after purchasing an additional 10,392 shares during the last quarter. Monumental Financial Group Inc. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 25.8% in the 2nd quarter. Monumental Financial Group Inc. now owns 11,535 shares of the company’s stock worth $857,000 after purchasing an additional 2,367 shares during the last quarter. Selective Wealth Management Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $447,000. Regal Wealth Group Inc. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 11.7% during the second quarter. Regal Wealth Group Inc. now owns 68,116 shares of the company’s stock valued at $4,994,000 after acquiring an additional 7,110 shares during the period. Finally, Kathmere Capital Management LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.7% during the second quarter. Kathmere Capital Management LLC now owns 10,641 shares of the company’s stock valued at $791,000 after acquiring an additional 283 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.8 %

Shares of USMV stock traded down $0.58 during trading hours on Monday, reaching $74.84. 1,394,785 shares of the stock traded hands. The business has a fifty day moving average price of $74.77 and a 200 day moving average price of $73.33. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The firm has a market capitalization of $28.71 billion, a PE ratio of 20.17 and a beta of 0.75.

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.