Advisory Alpha LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 17.0% in the 4th quarter, HoldingsChannel reports. The firm owned 13,787 shares of the company’s stock after purchasing an additional 2,007 shares during the period. Advisory Alpha LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,224,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the third quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock worth $904,426,000 after buying an additional 91,948 shares during the period. LPL Financial LLC increased its position 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 during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock valued at $294,542,000 after purchasing an additional 21,739 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the 3rd quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock valued at $194,871,000 after purchasing an additional 17,264 shares in the last quarter. Finally, Financial Advisors LLC lifted its position in shares of 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 purchasing an additional 16,576 shares during the last quarter.
iShares MSCI USA Min Vol Factor ETF Price Performance
BATS:USMV opened at $90.68 on Wednesday. The firm has a market capitalization of $26.57 billion, a PE ratio of 25.30 and a beta of 0.59. The business’s fifty day moving average price is $91.09 and its 200 day moving average price is $90.03. 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 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.
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