Financial Engines Advisors L.L.C. Grows Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Financial Engines Advisors L.L.C. lifted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 23.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,164 shares of the company’s stock after buying an additional 781 shares during the period. Financial Engines Advisors L.L.C.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $370,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Millburn Ridgefield Corp lifted its stake in iShares MSCI USA Min Vol Factor ETF by 5.2% in the 4th quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after purchasing an additional 180,849 shares in the last quarter. Darrow Company Inc. lifted its position in iShares MSCI USA Min Vol Factor ETF by 0.8% during the fourth quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock worth $13,755,000 after buying an additional 1,256 shares in the last quarter. Golden State Wealth Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $1,529,000. Advisors Preferred LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $438,000. Finally, MONECO Advisors LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% during the 4th quarter. MONECO Advisors LLC now owns 106,286 shares of the company’s stock worth $9,437,000 after acquiring an additional 427 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.5 %

Shares of USMV opened at $93.50 on Friday. The firm has a market capitalization of $24.40 billion, a P/E ratio of 24.03 and a beta of 0.77. The firm has a 50-day moving average price of $92.61 and a 200 day moving average price of $91.73. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $79.69 and a 12-month high of $95.12.

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.