Latitude Advisors LLC Purchases 154 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Latitude Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,114 shares of the company’s stock after acquiring an additional 154 shares during the period. Latitude Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $479,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $1,176,338,000. Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 102.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock valued at $620,423,000 after buying an additional 3,352,591 shares during the period. Focus Partners Wealth increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 261.0% in the fourth quarter. Focus Partners Wealth now owns 1,119,087 shares of the company’s stock valued at $99,364,000 after buying an additional 809,082 shares during the period. Horizon Wealth Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at approximately $39,347,000. Finally, Ball & Co Wealth Management Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $32,334,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $93.39 on Thursday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.56 and a fifty-two week high of $95.12. The company’s 50 day moving average price is $92.75 and its two-hundred day moving average price is $91.72. The firm has a market capitalization of $23.83 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.