iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Position Increased by Claro Advisors LLC

Claro Advisors LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 100.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 12,510 shares of the company’s stock after purchasing an additional 6,283 shares during the period. Claro Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,050,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Cherry Tree Wealth Management LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 0.9% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 17,305 shares of the company’s stock worth $1,350,000 after buying an additional 160 shares during the period. Camden National Bank grew its position in iShares MSCI USA Min Vol Factor ETF by 3.7% in the 4th quarter. Camden National Bank now owns 61,741 shares of the company’s stock worth $4,818,000 after purchasing an additional 2,188 shares during the last quarter. Soundwatch Capital LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $140,000. Morningstar Investment Services LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 96.7% during the fourth quarter. Morningstar Investment Services LLC now owns 10,924 shares of the company’s stock valued at $851,000 after buying an additional 5,369 shares during the last quarter. Finally, Focus Financial Network Inc. ADV acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $7,550,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.7 %

USMV traded up $0.63 during trading hours on Friday, hitting $91.32. The company’s stock had a trading volume of 2,171,271 shares. The company has a 50-day simple moving average of $86.58 and a 200 day simple moving average of $83.71. The firm has a market capitalization of $26.76 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45.

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.