Mutual Advisors LLC Acquires 1,759 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Mutual Advisors LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.2% during the 4th quarter, HoldingsChannel reports. The fund owned 35,360 shares of the company’s stock after buying an additional 1,759 shares during the quarter. Mutual Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,172,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Independent Wealth Network Inc. grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 7.2% during the 4th quarter. Independent Wealth Network Inc. now owns 3,091 shares of the company’s stock worth $274,000 after buying an additional 208 shares during the period. Marino Stram & Associates LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 2.4% in the fourth quarter. Marino Stram & Associates LLC now owns 35,363 shares of the company’s stock valued at $3,140,000 after purchasing an additional 825 shares in the last quarter. Global Trust Asset Management LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 42.2% in the fourth quarter. Global Trust Asset Management LLC now owns 2,055 shares of the company’s stock valued at $182,000 after purchasing an additional 610 shares in the last quarter. Advisory Alpha LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 17.0% in the fourth quarter. Advisory Alpha LLC now owns 13,787 shares of the company’s stock valued at $1,224,000 after buying an additional 2,007 shares in the last quarter. Finally, Dakota Wealth Management lifted its stake in iShares MSCI USA Min Vol Factor ETF by 1.2% in the 4th quarter. Dakota Wealth Management now owns 70,341 shares of the company’s stock valued at $6,246,000 after purchasing an additional 830 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 2.6 %

Shares of USMV stock opened at $90.95 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The company has a market capitalization of $26.65 billion, a PE ratio of 25.30 and a beta of 0.59. The firm has a 50 day moving average price of $90.99 and a two-hundred day moving average price of $90.08.

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.