Cetera Investment Advisers Acquires 39,289 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Cetera Investment Advisers raised its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,162,456 shares of the company’s stock after buying an additional 39,289 shares during the period. Cetera Investment Advisers owned about 0.85% of iShares MSCI USA Min Vol Factor ETF worth $200,546,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in USMV. Frankly Finances LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $25,000. Elevated Capital Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $29,000. Chapman Financial Group LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $29,000. Abound Wealth Management lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 437.1% during the 4th quarter. Abound Wealth Management now owns 333 shares of the company’s stock valued at $31,000 after purchasing an additional 271 shares during the last quarter. Finally, Ankerstar Wealth LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $31,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock opened at $96.25 on Thursday. The company has a fifty day moving average price of $96.23 and a two-hundred day moving average price of $95.21. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $98.73. The stock has a market cap of $24.56 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.