Smith Capital Management Inc. AR ADV Buys 7,696 Shares of iShares Edge MSCI Min Vol USA ETF (BATS:USMV)

Smith Capital Management Inc. AR ADV increased its stake in iShares Edge MSCI Min Vol USA ETF (BATS:USMV) by 18.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,270 shares of the company’s stock after purchasing an additional 7,696 shares during the period. iShares Edge MSCI Min Vol USA ETF makes up 2.3% of Smith Capital Management Inc. AR ADV’s holdings, making the stock its 11th biggest holding. Smith Capital Management Inc. AR ADV’s holdings in iShares Edge MSCI Min Vol USA ETF were worth $3,103,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. grew its position in iShares Edge MSCI Min Vol USA ETF by 15.8% in the first quarter. JPMorgan Chase & Co. now owns 452,899 shares of the company’s stock valued at $26,630,000 after acquiring an additional 61,828 shares during the last quarter. TD Asset Management Inc. grew its position in iShares Edge MSCI Min Vol USA ETF by 95.3% in the first quarter. TD Asset Management Inc. now owns 27,876 shares of the company’s stock valued at $1,639,000 after acquiring an additional 13,600 shares during the last quarter. Commerce Bank bought a new position in iShares Edge MSCI Min Vol USA ETF in the first quarter valued at about $650,000. Lakeview Capital Partners LLC bought a new position in iShares Edge MSCI Min Vol USA ETF in the first quarter valued at about $237,000. Finally, Anchor Capital Advisors LLC bought a new position in iShares Edge MSCI Min Vol USA ETF in the first quarter valued at about $466,000.

iShares Edge MSCI Min Vol USA ETF stock traded down $0.16 during midday trading on Friday, reaching $64.25. The company’s stock had a trading volume of 4,177,402 shares. iShares Edge MSCI Min Vol USA ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The business has a 50-day moving average price of $63.37 and a 200-day moving average price of $61.05.

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

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