Soltis Investment Advisors LLC Purchases 1,655 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Soltis Investment Advisors LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,940 shares of the company’s stock after acquiring an additional 1,655 shares during the quarter. Soltis Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $914,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Alaska Permanent Fund Corp lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.4% in the first quarter. Alaska Permanent Fund Corp now owns 3,947,820 shares of the company’s stock valued at $329,959,000 after buying an additional 167,538 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 31.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,170,418 shares of the company’s stock valued at $264,984,000 after purchasing an additional 755,493 shares in the last quarter. International Assets Investment Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $216,845,000. Cerity Partners LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 5.6% during the 4th quarter. Cerity Partners LLC now owns 2,132,230 shares of the company’s stock worth $166,378,000 after acquiring an additional 112,455 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 270.9% in the 1st quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock worth $158,465,000 after acquiring an additional 1,384,833 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock traded down $0.20 on Friday, hitting $86.89. The stock had a trading volume of 2,104,793 shares. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The stock has a market cap of $25.46 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The business has a 50 day moving average of $84.36 and a 200 day moving average of $82.47.

About iShares MSCI USA Min Vol Factor ETF

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.