Capital Planning LLC Grows Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Capital Planning LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.5% in the fourth quarter, Holdings Channel reports. The firm owned 117,575 shares of the company’s stock after buying an additional 562 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 2.7% of Capital Planning LLC’s investment portfolio, making the stock its 12th largest position. Capital Planning LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,439,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of USMV. PNC Financial Services Group Inc. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock worth $904,426,000 after purchasing an additional 91,948 shares during the period. LPL Financial LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after purchasing an additional 346,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after acquiring an additional 21,739 shares in the last quarter. Cerity Partners LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% during the 3rd quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock worth $194,871,000 after acquiring an additional 17,264 shares in the last quarter. Finally, Financial Advisors LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 1.5% during the 3rd quarter. Financial Advisors LLC now owns 1,109,209 shares of the company’s stock worth $101,282,000 after acquiring an additional 16,576 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 1.2 %

Shares of BATS:USMV opened at $89.68 on Friday. The company has a market cap of $26.28 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The firm’s 50-day simple moving average is $91.23 and its 200-day simple moving average is $89.86. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45.

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.