Steward Partners Investment Advisory LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 2.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 632,233 shares of the company’s stock after purchasing an additional 17,257 shares during the quarter. Steward Partners Investment Advisory LLC owned approximately 0.22% of iShares MSCI USA Min Vol Factor ETF worth $56,136,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently modified their holdings of the company. Millburn Ridgefield Corp grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth 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 during the last quarter. Darrow Company Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the fourth quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock worth $13,755,000 after purchasing an additional 1,256 shares during the last quarter. Golden State Wealth Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $1,529,000. SpiderRock Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter worth about $629,000. Finally, Advisors Preferred LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $438,000.
iShares MSCI USA Min Vol Factor ETF Price Performance
Shares of USMV opened at $94.37 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The company has a 50-day simple moving average of $91.29 and a two-hundred day simple moving average of $91.44. The firm has a market capitalization of $23.98 billion, a PE ratio of 24.43 and a beta of 0.79.
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.
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