Mutual Advisors LLC Grows Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Mutual Advisors LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.2% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 35,360 shares of the company’s stock after buying an additional 1,759 shares during the period. Mutual Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,172,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in USMV. Carrera Capital Advisors purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $33,148,000. LPL Financial LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 6.9% in the third 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 period. Sanctuary Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at $18,422,000. Bank of Montreal Can raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 572.4% during the second quarter. Bank of Montreal Can now owns 250,380 shares of the company’s stock valued at $21,142,000 after buying an additional 213,145 shares during the last quarter. Finally, Magnolia Capital Advisors LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 867.8% during the second quarter. Magnolia Capital Advisors LLC now owns 219,897 shares of the company’s stock valued at $18,463,000 after purchasing an additional 197,175 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 2.6 %

BATS:USMV opened at $90.95 on Friday. The firm has a market cap of $26.65 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The business’s 50-day moving average price is $90.99 and its 200 day moving average price is $90.08.

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.