Baron Silver Stevens Financial Advisors LLC Has $20.06 Million Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Baron Silver Stevens Financial Advisors LLC lowered its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.3% during the fourth quarter, Holdings Channel reports. The firm owned 225,899 shares of the company’s stock after selling 585 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises 3.4% of Baron Silver Stevens Financial Advisors LLC’s portfolio, making the stock its 10th largest holding. Baron Silver Stevens Financial Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $20,058,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Fortitude Family Office LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $38,000. Bfsg LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% in the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after acquiring an additional 228 shares in the last quarter. Arrow Financial Corp bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $45,000. Eastern Bank acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $92,000. Finally, American Capital Advisory LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 1,460.0% during the third quarter. American Capital Advisory LLC now owns 1,014 shares of the company’s stock worth $93,000 after acquiring an additional 949 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 2.3 %

BATS:USMV opened at $90.66 on Thursday. The firm has a fifty day simple moving average of $91.04 and a two-hundred day simple moving average of $90.07. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The stock has a market capitalization of $26.56 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

About iShares MSCI USA Min Vol Factor ETF

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.