Verus Capital Partners LLC Purchases 9,678 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Verus Capital Partners LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.1% in the 4th quarter, Holdings Channel reports. The fund owned 129,481 shares of the company’s stock after buying an additional 9,678 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 0.8% of Verus Capital Partners LLC’s holdings, making the stock its 24th largest position. Verus Capital Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $12,192,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the 3rd quarter. Bank of America Corp DE now owns 13,794,595 shares of the company’s stock worth $1,312,418,000 after acquiring an additional 98,221 shares during the period. Raymond James Financial Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during the 3rd quarter. Raymond James Financial Inc. now owns 13,521,148 shares of the company’s stock worth $1,286,402,000 after acquiring an additional 206,108 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,977,742 shares of the company’s stock worth $659,752,000 after acquiring an additional 145,843 shares during the period. UBS Group AG grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.3% during the 3rd quarter. UBS Group AG now owns 3,545,978 shares of the company’s stock worth $337,364,000 after acquiring an additional 80,056 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 18.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock worth $271,634,000 after acquiring an additional 452,184 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock opened at $96.26 on Thursday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $98.07. The stock has a fifty day moving average of $94.39 and a 200-day moving average of $94.73. The company has a market capitalization of $24.57 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

About iShares MSCI USA Min Vol Factor ETF

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.