Kestra Advisory Services LLC raised its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 7.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 328,386 shares of the company’s stock after acquiring an additional 22,018 shares during the quarter. Kestra Advisory Services LLC owned approximately 0.13% of iShares MSCI USA Min Vol Factor ETF worth $31,998,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Commonwealth Equity Services LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $171,412,000. Apollon Wealth Management LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 1,040.9% during the 3rd quarter. Apollon Wealth Management LLC now owns 989,315 shares of the company’s stock worth $96,399,000 after buying an additional 902,603 shares during the period. Geneos Wealth Management Inc. increased its stake in iShares MSCI USA Min Vol Factor ETF by 99.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock worth $106,053,000 after buying an additional 569,762 shares during the period. Anderson Hoagland & Co. purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $26,131,000. Finally, Citizens Financial Group Inc. RI acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $21,050,000.
iShares MSCI USA Min Vol Factor ETF Stock Down 0.5%
iShares MSCI USA Min Vol Factor ETF stock traded down $0.52 during mid-day trading on Friday, reaching $101.23. 4,064,529 shares of the company’s stock were exchanged, compared to its average volume of 2,294,860. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $91.02 and a twelve month high of $104.75. The company has a market cap of $25.83 billion, a P/E ratio of 22.90 and a beta of 0.72. The company has a fifty day moving average of $100.57 and a 200-day moving average of $97.20.
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.
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