Franklin Resources Inc. Boosts Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Franklin Resources Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) by 0.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,406 shares of the company’s stock after purchasing an additional 265 shares during the period. Franklin Resources Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,541,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Howe & Rusling Inc. lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 94.2% in the 4th quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock valued at $27,000 after purchasing an additional 146 shares in the last quarter. VSM Wealth Advisory LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $27,000. Stonebridge Financial Group LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $28,000. AlphaMark Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $30,000. Finally, Valued Wealth Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $30,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.0 %

USMV stock opened at $88.61 on Friday. The company has a market cap of $22.69 billion, a price-to-earnings ratio of 24.22 and a beta of 0.74. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $79.69 and a 12 month high of $95.12. The firm has a 50-day moving average of $92.28 and a two-hundred day moving average of $91.63.

iShares MSCI USA Min Vol Factor ETF Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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