Wells Financial Advisors INC Has $5.38 Million Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Wells Financial Advisors INC lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 60,575 shares of the company’s stock after selling 1,892 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up about 7.3% of Wells Financial Advisors INC’s investment portfolio, making the stock its 3rd largest position. Wells Financial Advisors INC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,378,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $1,176,338,000. LPL Financial LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.1% in the fourth quarter. LPL Financial LLC now owns 5,685,914 shares of the company’s stock valued at $504,852,000 after acquiring an additional 328,291 shares during the period. Millburn Ridgefield Corp boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% during the 4th quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after purchasing an additional 180,849 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after purchasing an additional 21,739 shares during the period. Finally, Assetmark Inc. raised its position in iShares MSCI USA Min Vol Factor ETF by 0.6% in the 4th quarter. Assetmark Inc. now owns 1,606,337 shares of the company’s stock worth $142,627,000 after purchasing an additional 10,270 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $92.77 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $79.69 and a 1 year high of $95.12. The firm has a market capitalization of $24.21 billion, a PE ratio of 24.03 and a beta of 0.77. The business has a 50 day simple moving average of $92.45 and a two-hundred day simple moving average of $91.71.

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.