iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Acquired by Wealthspire Advisors LLC

Wealthspire Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,087 shares of the company’s stock after buying an additional 1,041 shares during the quarter. Wealthspire Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $629,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in USMV. PNC Financial Services Group Inc. raised its holdings in shares of 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 buying an additional 91,948 shares during the last quarter. LPL Financial LLC raised its stake in 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 valued at $489,205,000 after acquiring an additional 346,414 shares during the last quarter. Millburn Ridgefield Corp raised its stake in iShares MSCI USA Min Vol Factor ETF by 5.2% during the 4th quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after acquiring an additional 180,849 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in 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 acquiring an additional 21,739 shares during the period. Finally, Cerity Partners LLC grew its stake in shares of 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 purchasing an additional 17,264 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.1 %

BATS:USMV opened at $94.09 on Wednesday. The stock’s 50 day simple moving average is $90.85 and its 200-day simple moving average is $91.21. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The firm has a market cap of $23.91 billion, a P/E ratio of 24.43 and a beta of 0.79.

iShares MSCI USA Min Vol Factor ETF 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.