Mount Yale Investment Advisors LLC Acquires 400 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Mount Yale Investment Advisors LLC grew its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,345 shares of the company’s stock after purchasing an additional 400 shares during the period. Mount Yale Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $919,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of USMV. PNC Financial Services Group Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 0.9% in the third 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 during the period. LPL Financial LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after purchasing an additional 346,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased 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 in the last quarter. Cerity Partners LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% during 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, Financial Advisors LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 1.5% in the third quarter. Financial Advisors LLC now owns 1,109,209 shares of the company’s stock valued at $101,282,000 after buying an additional 16,576 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 3.6 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $91.88 on Tuesday. The stock has a market capitalization of $26.92 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The firm’s 50-day moving average price is $90.96 and its two-hundred day moving average price is $90.21. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

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.