Waverly Advisors LLC Buys 17,315 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Waverly Advisors LLC boosted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 607.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,165 shares of the company’s stock after buying an additional 17,315 shares during the period. Waverly Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,685,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. SG Americas Securities LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 146.4% during the fourth quarter. SG Americas Securities LLC now owns 14,597 shares of the company’s stock valued at $1,139,000 after buying an additional 8,673 shares during the last quarter. Foster Victor Wealth Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $205,000. Southern Capital Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 9.2% during the 4th quarter. Southern Capital Advisors LLC now owns 4,203 shares of the company’s stock worth $328,000 after purchasing an additional 353 shares in the last quarter. Snider Financial Group raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% in the fourth quarter. Snider Financial Group now owns 79,219 shares of the company’s stock worth $6,181,000 after purchasing an additional 478 shares during the last quarter. Finally, Berkshire Bank lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 14.4% in the fourth quarter. Berkshire Bank now owns 60,976 shares of the company’s stock valued at $4,758,000 after purchasing an additional 7,676 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.3 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $86.77 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The company has a market capitalization of $25.42 billion, a P/E ratio of 25.30 and a beta of 0.59. The stock has a fifty day simple moving average of $84.14 and a 200 day simple moving average of $82.35.

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.