iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Purchased by Fortune Financial Advisors LLC

Fortune Financial Advisors LLC grew its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 122,298 shares of the company’s stock after acquiring an additional 4,427 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises about 9.9% of Fortune Financial Advisors LLC’s portfolio, making the stock its largest holding. Fortune Financial Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,859,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of USMV. Brighton Jones LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 1.1% during the third quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock worth $913,000 after purchasing an additional 111 shares during the period. Anchor Investment Management LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% in the third quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after purchasing an additional 112 shares during the period. Asset Dedication LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during the 3rd quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock worth $765,000 after buying an additional 121 shares during the last quarter. Sensible Money LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% during the 3rd quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock worth $797,000 after buying an additional 121 shares during the period. Finally, Foster Victor Wealth Advisors LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 4.8% in the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock valued at $244,000 after buying an additional 123 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.2 %

Shares of USMV stock opened at $92.40 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The company has a market capitalization of $27.07 billion, a PE ratio of 25.30 and a beta of 0.59. The firm has a 50 day moving average price of $90.97 and a two-hundred day moving average price of $90.31.

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.