iShares MSCI USA Min Vol Factor ETF $USMV Shares Bought by Sage Financial Group Inc.

Sage Financial Group Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,690 shares of the company’s stock after buying an additional 285 shares during the quarter. Sage Financial Group Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $440,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,675,665 shares of the company’s stock worth $628,581,000 after purchasing an additional 51,463 shares in the last quarter. LPL Financial LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.4% in the first quarter. LPL Financial LLC now owns 5,876,594 shares of the company’s stock valued at $550,402,000 after purchasing an additional 190,680 shares during the period. Envestnet Asset Management Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 2.5% during the first quarter. Envestnet Asset Management Inc. now owns 4,605,177 shares of the company’s stock worth $431,321,000 after buying an additional 112,814 shares in the last quarter. JPMorgan Chase & Co. grew its position in iShares MSCI USA Min Vol Factor ETF by 17.3% during the first quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock worth $360,219,000 after buying an additional 568,565 shares during the period. Finally, Catalyst Capital Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 2.9% in the first quarter. Catalyst Capital Advisors LLC now owns 3,755,502 shares of the company’s stock valued at $351,740,000 after buying an additional 104,095 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 7.3%

USMV stock opened at $95.14 on Monday. The firm has a 50 day moving average of $93.82 and a 200-day moving average of $92.80. The company has a market cap of $24.28 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12.

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.