GGM Financials LLC Has $3.38 Million Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

GGM Financials LLC raised its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.0% during the 4th quarter, Holdings Channel reports. The fund owned 38,040 shares of the company’s stock after acquiring an additional 366 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up about 3.6% of GGM Financials LLC’s investment portfolio, making the stock its 7th largest position. GGM Financials LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,378,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of USMV. Dynamic Advisor Solutions LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at about $247,000. Simplicity Wealth LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 7.1% in the 3rd quarter. Simplicity Wealth LLC now owns 17,085 shares of the company’s stock valued at $1,560,000 after purchasing an additional 1,130 shares during the period. Valeo Financial Advisors LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 13.5% during the 3rd quarter. Valeo Financial Advisors LLC now owns 2,789 shares of the company’s stock worth $255,000 after purchasing an additional 332 shares in the last quarter. MorganRosel Wealth Management LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the third quarter. MorganRosel Wealth Management LLC now owns 100,316 shares of the company’s stock worth $9,160,000 after purchasing an additional 1,831 shares during the period. Finally, Hart & Patterson Financial Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $460,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 4.6 %

Shares of USMV stock opened at $92.73 on Monday. The stock has a market cap of $27.17 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The stock has a 50 day simple moving average of $90.76 and a 200 day simple moving average of $90.63.

iShares MSCI USA Min Vol Factor ETF Company 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.