iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Bought by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 60.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 89,751 shares of the company’s stock after buying an additional 33,654 shares during the quarter. Aptus Capital Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,969,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of USMV. Raymond James Financial Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $1,176,338,000. LPL Financial LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.1% during the fourth quarter. LPL Financial LLC now owns 5,685,914 shares of the company’s stock worth $504,852,000 after buying an additional 328,291 shares in the last quarter. Millburn Ridgefield Corp increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% during the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after buying an additional 180,849 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock valued at $294,542,000 after acquiring an additional 21,739 shares in the last quarter. Finally, Assetmark Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 0.6% in the fourth quarter. Assetmark Inc. now owns 1,606,337 shares of the company’s stock worth $142,627,000 after acquiring an additional 10,270 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 4.7 %

Shares of BATS:USMV opened at $92.78 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $81.21 and a 52 week high of $95.12. The company’s 50 day moving average is $91.51 and its two-hundred day moving average is $91.57. The company has a market cap of $23.94 billion, a PE ratio of 23.82 and a beta of 0.74.

iShares MSCI USA Min Vol Factor ETF 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.