iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Bought by Advisory Alpha LLC

Advisory Alpha LLC grew its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,787 shares of the company’s stock after buying an additional 2,007 shares during the period. Advisory Alpha LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,224,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. SpiderRock Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $629,000. EdgeRock Capital LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% during the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after purchasing an additional 3,371 shares during the period. Integrated Wealth Concepts LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock worth $57,937,000 after purchasing an additional 43,846 shares during the period. Gateway Wealth Partners LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% during the 2nd quarter. Gateway Wealth Partners LLC now owns 50,033 shares of the company’s stock worth $4,201,000 after purchasing an additional 2,304 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock valued at $19,494,000 after buying an additional 1,785 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $90.68 on Wednesday. The firm has a market cap of $26.57 billion, a P/E ratio of 25.30 and a beta of 0.59. The firm’s 50 day moving average price is $91.09 and its 200-day moving average price is $90.03. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45.

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.