NewEdge Advisors LLC Acquires 142,687 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

NewEdge Advisors LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 30.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 618,327 shares of the company’s stock after purchasing an additional 142,687 shares during the period. NewEdge Advisors LLC owned about 0.24% of iShares MSCI USA Min Vol Factor ETF worth $57,344,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. WealthPLAN Partners LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% in the fourth quarter. WealthPLAN Partners LLC now owns 4,160 shares of the company’s stock valued at $392,000 after buying an additional 105 shares during the period. Millstone Evans Group LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.3% in the fourth quarter. Millstone Evans Group LLC now owns 1,782 shares of the company’s stock worth $168,000 after acquiring an additional 106 shares during the period. Delta Wealth Advisors LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% in the first quarter. Delta Wealth Advisors LLC now owns 36,699 shares of the company’s stock worth $3,403,000 after acquiring an additional 108 shares during the period. Mcmorgan & Co. LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the first quarter. Mcmorgan & Co. LLC now owns 28,238 shares of the company’s stock worth $2,619,000 after acquiring an additional 108 shares during the period. Finally, KW Wealth Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% in the fourth quarter. KW Wealth Management LLC now owns 13,553 shares of the company’s stock valued at $1,276,000 after acquiring an additional 109 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $100.00 on Friday. The company has a market capitalization of $25.52 billion, a PE ratio of 22.90 and a beta of 0.72. The company has a 50 day simple moving average of $96.72 and a two-hundred day simple moving average of $95.51. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $100.24.

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.