D.A. Davidson & CO. Buys 10,885 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

D.A. Davidson & CO. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 142,216 shares of the company’s stock after purchasing an additional 10,885 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $12,627,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of USMV. Millburn Ridgefield Corp boosted its stake in iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after acquiring an additional 180,849 shares during the last quarter. Darrow Company Inc. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% in the fourth quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock valued at $13,755,000 after acquiring an additional 1,256 shares during the last quarter. Golden State Wealth Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $1,529,000. SpiderRock Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $629,000. Finally, Advisors Preferred LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $438,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $93.15 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The stock has a market cap of $27.29 billion, a PE ratio of 25.30 and a beta of 0.59. The firm’s 50 day moving average price is $90.69 and its two-hundred day moving average price is $90.94.

iShares MSCI USA Min Vol Factor ETF 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.