Brighton Jones LLC Has $1 Million Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Brighton Jones LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 12.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,290 shares of the company’s stock after buying an additional 1,291 shares during the period. Brighton Jones LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,002,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in USMV. PNC Financial Services Group Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock valued at $904,426,000 after acquiring an additional 91,948 shares in the last quarter. LPL Financial LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after buying an additional 346,414 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after buying an additional 21,739 shares during the last quarter. Cerity Partners LLC grew its stake 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 buying an additional 17,264 shares during the last quarter. Finally, Financial Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1.5% in the 3rd quarter. Financial Advisors LLC now owns 1,109,209 shares of the company’s stock worth $101,282,000 after acquiring an additional 16,576 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock opened at $90.97 on Friday. The stock has a market capitalization of $26.65 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The company has a 50-day moving average of $90.96 and a two-hundred day moving average of $90.17. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week 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.