Concurrent Investment Advisors LLC Has $11.60 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Concurrent Investment Advisors LLC cut its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 127,036 shares of the company’s stock after selling 7,434 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $11,600,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in USMV. Headlands Technologies LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $30,000. Gleason Group Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $32,000. Hantz Financial Services Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth approximately $33,000. Strategic Financial Concepts LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth approximately $35,000. Finally, Fortitude Family Office LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $38,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.9 %

Shares of BATS:USMV traded up $0.79 during trading on Wednesday, hitting $90.73. 1,730,101 shares of the company were exchanged. The company has a market capitalization of $26.58 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. The business’s 50 day moving average is $91.14 and its 200-day moving average is $86.83.

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.