Cetera Investment Advisers Purchases 445,896 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Cetera Investment Advisers lifted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 26.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,142,277 shares of the company’s stock after acquiring an additional 445,896 shares during the period. Cetera Investment Advisers owned 0.84% of iShares MSCI USA Min Vol Factor ETF worth $201,096,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% during the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after purchasing an additional 1,291 shares in the last quarter. Edgestream Partners L.P. purchased a new position in iShares MSCI USA Min Vol Factor ETF during the first quarter valued at $345,000. Wealthfront Advisers LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 10.5% during the 1st quarter. Wealthfront Advisers LLC now owns 6,703 shares of the company’s stock valued at $628,000 after buying an additional 635 shares in the last quarter. Bridgewater Advisors Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth about $232,000. Finally, Verdence Capital Advisors LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.9% in the 1st quarter. Verdence Capital Advisors LLC now owns 15,458 shares of the company’s stock worth $1,448,000 after acquiring an additional 435 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $94.16 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.12. The firm has a 50-day moving average of $94.11 and a 200 day moving average of $93.50. The stock has a market cap of $24.03 billion, a P/E 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.