iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC raised its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,225,739 shares of the company’s stock after purchasing an additional 21,739 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 0.6% of Wealth Enhancement Advisory Services LLC’s holdings, making the stock its 28th biggest position. Wealth Enhancement Advisory Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $294,542,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in USMV. SpiderRock Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $629,000. Headlands Technologies LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $30,000. EdgeRock Capital LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 5.3% during the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after purchasing an additional 3,371 shares during the period. Thrivent Financial for Lutherans grew its position in iShares MSCI USA Min Vol Factor ETF by 0.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock worth $19,494,000 after purchasing an additional 1,785 shares during the last quarter. Finally, Gateway Wealth Partners LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 4.8% in the second quarter. Gateway Wealth Partners LLC now owns 50,033 shares of the company’s stock valued at $4,201,000 after purchasing an additional 2,304 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.6 %

Shares of USMV traded up $0.55 during mid-day trading on Friday, hitting $89.00. 1,745,776 shares of the company’s stock were exchanged. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The business’s 50 day moving average is $91.48 and its two-hundred day moving average is $89.70. The firm has a market capitalization of $26.08 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.