Parker Investment Management LLC Increases Position in iShares Edge MSCI Min Vol USA ETF (USMV)

Parker Investment Management LLC increased its position in iShares Edge MSCI Min Vol USA ETF (BATS:USMV) by 269.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,274 shares of the company’s stock after purchasing an additional 33,023 shares during the quarter. iShares Edge MSCI Min Vol USA ETF makes up 0.8% of Parker Investment Management LLC’s portfolio, making the stock its 17th biggest position. Parker Investment Management LLC’s holdings in iShares Edge MSCI Min Vol USA ETF were worth $2,662,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. BKD Wealth Advisors LLC boosted its holdings in iShares Edge MSCI Min Vol USA ETF by 9.5% during the fourth quarter. BKD Wealth Advisors LLC now owns 29,819 shares of the company’s stock worth $1,563,000 after buying an additional 2,575 shares during the last quarter. Newport Wealth Strategies Inc. boosted its holdings in iShares Edge MSCI Min Vol USA ETF by 351.9% during the fourth quarter. Newport Wealth Strategies Inc. now owns 38,232 shares of the company’s stock worth $2,023,000 after buying an additional 29,772 shares during the last quarter. Retirement Capital Strategies bought a new position in iShares Edge MSCI Min Vol USA ETF during the fourth quarter worth about $7,447,000. Patten & Patten Inc. TN bought a new position in iShares Edge MSCI Min Vol USA ETF during the fourth quarter worth about $645,000. Finally, Cooper Financial Group bought a new position in iShares Edge MSCI Min Vol USA ETF during the fourth quarter worth about $210,000.

Shares of USMV opened at $59.63 on Friday. iShares Edge MSCI Min Vol USA ETF has a 1 year low of $47.44 and a 1 year high of $55.45.

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Institutional Ownership by Quarter for iShares Edge MSCI Min Vol USA ETF (BATS:USMV)

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