Claro Advisors LLC Increases Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Claro Advisors LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,879 shares of the company’s stock after buying an additional 302 shares during the period. Claro Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,144,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Headlands Technologies LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at about $30,000. Fortitude Family Office LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $38,000. Bfsg LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 116.9% during the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after buying an additional 228 shares during the last quarter. Arrow Financial Corp purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $45,000. Finally, Eastern Bank purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $92,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 1.5 %

Shares of BATS USMV traded down $1.32 during trading hours on Monday, reaching $87.68. The stock had a trading volume of 1,504,203 shares. The firm has a market cap of $25.69 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The firm has a 50-day moving average of $91.46 and a 200-day moving average of $89.81. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45.

iShares MSCI USA Min Vol Factor ETF 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.