iShares MSCI USA Min Vol Factor ETF (BATS:USMV) is Financial Advisors LLC’s Largest Position

Financial Advisors LLC lessened its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,107,267 shares of the company’s stock after selling 1,942 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises approximately 18.9% of Financial Advisors LLC’s portfolio, making the stock its largest position. Financial Advisors LLC owned about 0.38% of iShares MSCI USA Min Vol Factor ETF worth $98,314,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in USMV. PNC Financial Services Group Inc. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% during the third quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock worth $904,426,000 after buying an additional 91,948 shares during the period. LPL Financial LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after acquiring an additional 346,414 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after purchasing an additional 21,739 shares during the period. Cerity Partners LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% in the 3rd quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock valued at $194,871,000 after purchasing an additional 17,264 shares during the last quarter. Finally, Quotient Wealth Partners LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 1.6% in the third quarter. Quotient Wealth Partners LLC now owns 1,000,897 shares of the company’s stock valued at $91,392,000 after purchasing an additional 15,821 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 1.4 %

USMV opened at $89.87 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The business has a fifty day simple moving average of $91.16 and a 200-day simple moving average of $89.94. The firm has a market cap of $26.33 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.