Bryn Mawr Trust Advisors LLC Makes New $223,000 Investment in iShares MSCI USA Min Vol Factor ETF $USMV

Bryn Mawr Trust Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,374 shares of the company’s stock, valued at approximately $223,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in USMV. Brown Advisory Inc. boosted its position in iShares MSCI USA Min Vol Factor ETF by 8.9% in the 1st quarter. Brown Advisory Inc. now owns 16,950 shares of the company’s stock valued at $1,588,000 after buying an additional 1,387 shares during the last quarter. Accurate Wealth Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at $203,000. Symmetry Partners LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 10.1% in the second quarter. Symmetry Partners LLC now owns 263,164 shares of the company’s stock valued at $24,703,000 after acquiring an additional 24,219 shares during the last quarter. MinichMacGregor Wealth Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $283,000. Finally, Townsquare Capital LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 7.3% during the 1st quarter. Townsquare Capital LLC now owns 53,888 shares of the company’s stock worth $5,047,000 after purchasing an additional 3,666 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 4.9%

iShares MSCI USA Min Vol Factor ETF stock opened at $92.95 on Monday. The company has a market cap of $23.72 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.12. The company’s 50-day moving average is $94.11 and its two-hundred day moving average is $93.43.

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.