Soltis Investment Advisors LLC Purchases 905 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Soltis Investment Advisors LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 10,092 shares of the company’s stock after buying an additional 905 shares during the period. Soltis Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $947,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. ROSS JOHNSON & Associates LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter worth $28,000. Avion Wealth boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 88.8% in the 2nd quarter. Avion Wealth now owns 304 shares of the company’s stock worth $28,000 after purchasing an additional 143 shares in the last quarter. Flaharty Asset Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth $30,000. LRI Investments LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth $33,000. Finally, Blue Bell Private Wealth Management LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 77.9% in the first quarter. Blue Bell Private Wealth Management LLC now owns 386 shares of the company’s stock valued at $36,000 after buying an additional 169 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV opened at $92.34 on Friday. The business has a 50-day simple moving average of $94.13 and a two-hundred day simple moving average of $93.36. The company has a market cap of $23.57 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $95.12.

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.