Private Advisor Group LLC Has $45.70 Million Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

Private Advisor Group LLC lessened its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 492,726 shares of the company’s stock after selling 10,529 shares during the quarter. Private Advisor Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $45,695,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. WealthPLAN Partners LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 2.6% during the 4th quarter. WealthPLAN Partners LLC now owns 4,160 shares of the company’s stock worth $392,000 after acquiring an additional 105 shares during the last quarter. Millstone Evans Group LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.3% during the fourth quarter. Millstone Evans Group LLC now owns 1,782 shares of the company’s stock valued at $168,000 after purchasing an additional 106 shares in the last quarter. Delta Wealth Advisors LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% during the first quarter. Delta Wealth Advisors LLC now owns 36,699 shares of the company’s stock valued at $3,403,000 after purchasing an additional 108 shares in the last quarter. KW Wealth Management LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the fourth quarter. KW Wealth Management LLC now owns 13,553 shares of the company’s stock worth $1,276,000 after purchasing an additional 109 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 36,125 shares of the company’s stock worth $3,402,000 after purchasing an additional 118 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $97.89 on Friday. The business has a 50 day moving average of $95.37 and a 200-day moving average of $94.94. The company has a market capitalization of $24.98 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $98.07.

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.