Wealth Enhancement Advisory Services LLC Has $659.75 Million Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Wealth Enhancement Advisory Services LLC grew its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,977,742 shares of the company’s stock after purchasing an additional 145,843 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up about 0.9% of Wealth Enhancement Advisory Services LLC’s portfolio, making the stock its 17th largest position. Wealth Enhancement Advisory Services LLC owned 2.73% of iShares MSCI USA Min Vol Factor ETF worth $659,752,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Secure Asset Management LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 2.8% during the third quarter. Secure Asset Management LLC now owns 3,904 shares of the company’s stock valued at $371,000 after acquiring an additional 108 shares during the last quarter. Patriot Investment Management Group Inc. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the 3rd quarter. Patriot Investment Management Group Inc. now owns 29,572 shares of the company’s stock worth $2,814,000 after acquiring an additional 111 shares in the last quarter. Venturi Wealth Management LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 6,122 shares of the company’s stock worth $582,000 after acquiring an additional 111 shares in the last quarter. Partners Capital Investment Group LLP lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the 3rd quarter. Partners Capital Investment Group LLP now owns 29,220 shares of the company’s stock valued at $2,780,000 after purchasing an additional 112 shares during the period. Finally, Modera Wealth Management LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.1% in the 3rd quarter. Modera Wealth Management LLC now owns 2,836 shares of the company’s stock valued at $270,000 after purchasing an additional 113 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $92.35 on Friday. The stock’s 50-day moving average is $95.46 and its 200 day moving average is $94.64. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $98.07. The firm has a market cap of $23.57 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.