Independent Advisor Alliance Purchases New Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Independent Advisor Alliance purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 201,156 shares of the company’s stock, valued at approximately $17,861,000. Independent Advisor Alliance owned approximately 0.07% of iShares MSCI USA Min Vol Factor ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Johnson Investment Counsel Inc. increased its holdings in iShares MSCI USA Min Vol Factor ETF by 6.2% during the 4th quarter. Johnson Investment Counsel Inc. now owns 1,181,625 shares of the company’s stock valued at $104,917,000 after purchasing an additional 69,376 shares in the last quarter. Moran Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $429,000. New Insight Wealth Advisors increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% in the 4th quarter. New Insight Wealth Advisors now owns 14,530 shares of the company’s stock valued at $1,290,000 after buying an additional 250 shares during the period. Larson Financial Group LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 70.9% in the 4th quarter. Larson Financial Group LLC now owns 5,588 shares of the company’s stock valued at $496,000 after buying an additional 2,318 shares during the period. Finally, Intellectus Partners LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.4% in the 4th quarter. Intellectus Partners LLC now owns 17,403 shares of the company’s stock valued at $1,545,000 after buying an additional 580 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.9 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.84 on Monday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The business has a fifty day simple moving average of $91.57 and a 200 day simple moving average of $91.55. The stock has a market cap of $23.85 billion, a PE ratio of 24.43 and a beta of 0.79.

iShares MSCI USA Min Vol Factor ETF Company 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.