Fermata Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 14.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,804 shares of the company’s stock after purchasing an additional 1,006 shares during the period. Fermata Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $731,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the business. Sugar Maple Asset Management LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 2.1% in the first quarter. Sugar Maple Asset Management LLC now owns 46,206 shares of the company’s stock valued at $4,328,000 after purchasing an additional 931 shares during the period. Secure Asset Management LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 4.3% in the first quarter. Secure Asset Management LLC now owns 4,013 shares of the company’s stock valued at $376,000 after purchasing an additional 166 shares during the period. Granite Bay Wealth Management LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 10.3% in the first quarter. Granite Bay Wealth Management LLC now owns 3,222 shares of the company’s stock valued at $302,000 after purchasing an additional 302 shares during the period. Kwmg LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 1.4% in the first quarter. Kwmg LLC now owns 121,274 shares of the company’s stock valued at $11,359,000 after purchasing an additional 1,691 shares during the period. Finally, RFG Advisory LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 14.5% in the first quarter. RFG Advisory LLC now owns 2,850 shares of the company’s stock valued at $267,000 after purchasing an additional 360 shares during the period.
iShares MSCI USA Min Vol Factor ETF Trading Up 5.6%
Shares of USMV opened at $93.65 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $82.32 and a 12 month high of $95.12. The stock’s 50 day moving average is $91.54 and its two-hundred day moving average is $91.76. The firm has a market cap of $24.01 billion, a P/E ratio of 24.27 and a beta of 0.72.
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.
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