iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Bought by Elevate Wealth Advisory Inc.

Elevate Wealth Advisory Inc. raised its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,069 shares of the company’s stock after buying an additional 1,468 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up approximately 1.1% of Elevate Wealth Advisory Inc.’s portfolio, making the stock its 22nd largest position. Elevate Wealth Advisory Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,498,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Anchor Investment Management LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 6.0% during the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock worth $181,000 after buying an additional 112 shares during the last quarter. Smart Portfolios LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 2.2% in the fourth quarter. Smart Portfolios LLC now owns 5,235 shares of the company’s stock valued at $465,000 after acquiring an additional 112 shares during the last quarter. Flputnam Investment Management Co. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 4.3% in the fourth quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock valued at $263,000 after acquiring an additional 123 shares in the last quarter. Mcdonald Partners LLC grew 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 worth $1,299,000 after purchasing an additional 125 shares during the last quarter. Finally, Aveo Capital Partners LLC increased its position 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 worth $319,000 after purchasing an additional 129 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.7 %

Shares of BATS USMV opened at $92.83 on Thursday. The business has a 50-day moving average price of $92.11 and a 200 day moving average price of $91.64. The stock has a market cap of $24.23 billion, a PE ratio of 24.03 and a beta of 0.77. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $79.69 and a 52-week high of $95.12.

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.