iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Acquired by Smart Portfolios LLC

Smart Portfolios LLC increased its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 5,235 shares of the company’s stock after buying an additional 112 shares during the quarter. Smart Portfolios LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $465,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $1,176,338,000. Lockheed Martin Investment Management Co. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $62,801,000. LPL Financial LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after acquiring an additional 346,414 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 6,039.6% in the fourth quarter. Sequoia Financial Advisors LLC now owns 285,738 shares of the company’s stock worth $25,371,000 after acquiring an additional 281,084 shares in the last quarter. Finally, Independent Advisor Alliance bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $17,861,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 3.7 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $91.90 on Wednesday. The company’s 50-day moving average price is $91.71 and its two-hundred day moving average price is $91.58. 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 $23.35 billion, a PE ratio of 24.43 and a beta of 0.79.

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.