Carr Financial Group Corp Purchases 2,703 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Carr Financial Group Corp increased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) by 7.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 37,485 shares of the company’s stock after acquiring an additional 2,703 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up about 1.0% of Carr Financial Group Corp’s holdings, making the stock its 22nd biggest holding. Carr Financial Group Corp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,328,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of USMV. PNC Financial Services Group Inc. raised its stake 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 purchasing an additional 91,948 shares in the last quarter. LPL Financial LLC raised its stake in 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 valued at $489,205,000 after purchasing an additional 346,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in 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 valued at $294,542,000 after purchasing an additional 21,739 shares in the last quarter. Cerity Partners LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% in the third 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 in the last quarter. Finally, Financial Advisors LLC raised its stake 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 purchasing an additional 16,576 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV opened at $90.97 on Friday. The firm’s 50 day simple moving average is $90.96 and its 200 day simple moving average is $90.13. The company has a market capitalization of $26.65 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

About iShares MSCI USA Min Vol Factor ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding USMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report).

Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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