Steward Partners Investment Advisory LLC Raises Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Steward Partners Investment Advisory LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 632,233 shares of the company’s stock after purchasing an additional 17,257 shares during the period. Steward Partners Investment Advisory LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $56,136,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Anchor Investment Management LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% during the third quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after purchasing an additional 112 shares during the last quarter. Flputnam Investment Management Co. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.3% during the fourth quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock valued at $263,000 after purchasing an additional 123 shares during the last quarter. Mcdonald Partners LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the fourth quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock valued at $1,299,000 after purchasing an additional 125 shares during the last quarter. Aveo Capital Partners LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 3.7% during the fourth quarter. Aveo Capital Partners LLC now owns 3,598 shares of the company’s stock valued at $319,000 after purchasing an additional 129 shares during the last quarter. Finally, First Bank & Trust increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% during the fourth quarter. First Bank & Trust now owns 5,338 shares of the company’s stock valued at $474,000 after acquiring an additional 133 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.5 %

Shares of USMV opened at $94.37 on Tuesday. The company has a market capitalization of $23.98 billion, a P/E ratio of 24.43 and a beta of 0.79. The firm has a 50 day moving average of $91.29 and a 200 day moving average of $91.44. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45.

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.