Strategic Investment Advisors MI Increases Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Strategic Investment Advisors MI increased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) by 32.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,327 shares of the company’s stock after acquiring an additional 7,645 shares during the period. Strategic Investment Advisors MI’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,904,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of USMV. Ashton Thomas Securities LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at about $883,000. Arkadios Wealth Advisors increased its holdings in iShares MSCI USA Min Vol Factor ETF by 2.2% in the 1st quarter. Arkadios Wealth Advisors now owns 60,079 shares of the company’s stock worth $5,572,000 after acquiring an additional 1,301 shares in the last quarter. Empowered Funds LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 142.0% during the first quarter. Empowered Funds LLC now owns 26,286 shares of the company’s stock worth $2,438,000 after purchasing an additional 15,422 shares in the last quarter. Estate Counselors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter valued at approximately $315,000. Finally, Quantinno Capital Management LP increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 18.7% during the first quarter. Quantinno Capital Management LP now owns 97,794 shares of the company’s stock worth $9,069,000 after purchasing an additional 15,439 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.2%

USMV stock opened at $98.35 on Thursday. The firm has a 50-day moving average of $96.42 and a two-hundred day moving average of $95.32. The company has a market cap of $25.10 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $99.34.

About iShares MSCI USA Min Vol Factor ETF

(Free Report)

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.

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

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