Lowe Wealth Advisors LLC trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 2.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 226,763 shares of the company’s stock after selling 5,158 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises about 8.6% of Lowe Wealth Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. Lowe Wealth Advisors LLC owned approximately 0.08% of iShares MSCI USA Min Vol Factor ETF worth $20,134,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. SpiderRock Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at about $629,000. Headlands Technologies LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $30,000. 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 valued at $6,132,000 after purchasing an additional 3,371 shares during the last quarter. Thrivent Financial for Lutherans increased its position in iShares MSCI USA Min Vol Factor ETF by 0.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock worth $19,494,000 after purchasing an additional 1,785 shares in the last quarter. Finally, Gateway Wealth Partners LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 4.8% in the 2nd quarter. Gateway Wealth Partners LLC now owns 50,033 shares of the company’s stock valued at $4,201,000 after purchasing an additional 2,304 shares during the last quarter.
iShares MSCI USA Min Vol Factor ETF Price Performance
Shares of iShares MSCI USA Min Vol Factor ETF stock traded up $0.55 during trading on Friday, hitting $89.00. The company’s stock had a trading volume of 1,745,776 shares. The stock has a market cap of $26.08 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The stock has a 50-day moving average price of $91.48 and a two-hundred day moving average price of $89.70.
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.
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