iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Purchased by Fermata Advisors LLC

Fermata Advisors LLC lifted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 14.8% during the first quarter, HoldingsChannel.com reports. The fund owned 7,804 shares of the company’s stock after acquiring an additional 1,006 shares during the period. Fermata Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $731,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Smart Portfolios LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.2% in the fourth quarter. Smart Portfolios LLC now owns 5,235 shares of the company’s stock worth $465,000 after acquiring an additional 112 shares during the last quarter. Heritage Wealth Advisors boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 27.4% in the fourth quarter. Heritage Wealth Advisors now owns 544 shares of the company’s stock worth $48,000 after acquiring an additional 117 shares during the last quarter. Flputnam Investment Management Co. lifted its position in iShares MSCI USA Min Vol Factor ETF by 4.3% during the fourth quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock worth $263,000 after buying an additional 123 shares in the last quarter. Mcdonald Partners LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 0.9% during the fourth quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock worth $1,299,000 after buying an additional 125 shares in the last quarter. Finally, Aveo Capital Partners LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 3.7% during the fourth quarter. Aveo Capital Partners LLC now owns 3,598 shares of the company’s stock worth $319,000 after buying an additional 129 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.6%

BATS:USMV opened at $93.65 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $82.32 and a 52 week high of $95.12. The company has a market capitalization of $24.01 billion, a P/E ratio of 24.27 and a beta of 0.72. The stock’s fifty day moving average is $91.54 and its two-hundred day moving average is $91.76.

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.