Centennial Advisors LLC Makes New Investment in iShares MSCI USA Min Vol Factor ETF $USMV

Centennial Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 5,089 shares of the company’s stock, valued at approximately $496,000.

Other hedge funds have also added to or reduced their stakes in the company. Catalyst Capital Advisors LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 13.0% during the first quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock worth $393,458,000 after buying an additional 489,637 shares in the last quarter. Cetera Investment Advisers boosted its stake in iShares MSCI USA Min Vol Factor ETF by 1.9% in the first quarter. Cetera Investment Advisers now owns 2,162,456 shares of the company’s stock valued at $200,546,000 after acquiring an additional 39,289 shares during the last quarter. Sei Investments Co. grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the 1st quarter. Sei Investments Co. now owns 1,560,042 shares of the company’s stock valued at $144,677,000 after acquiring an additional 28,733 shares during the period. Geneos Wealth Management Inc. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 99.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock worth $106,053,000 after purchasing an additional 569,762 shares during the period. Finally, Ritholtz Wealth Management bought a new position in iShares MSCI USA Min Vol Factor ETF during the first quarter valued at $74,238,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.1%

Shares of USMV stock traded up $0.09 during trading on Wednesday, reaching $102.41. 397,584 shares of the company’s stock traded hands, compared to its average volume of 2,266,319. The company has a market capitalization of $26.13 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 $102.45. The firm’s 50-day moving average is $100.11 and its 200 day moving average is $97.40.

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.