iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,204,000 shares of the company’s stock after acquiring an additional 1,957 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for about 0.6% of Wealth Enhancement Advisory Services LLC’s holdings, making the stock its 27th biggest holding. Wealth Enhancement Advisory Services LLC owned 1.09% of iShares MSCI USA Min Vol Factor ETF worth $292,385,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in USMV. Headlands Technologies LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $30,000. Gleason Group Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $32,000. Hantz Financial Services Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $33,000. Strategic Financial Concepts LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $35,000. Finally, Bfsg LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 116.9% during the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after acquiring an additional 228 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.6 %

USMV traded down $0.57 on Friday, reaching $91.00. The company had a trading volume of 1,034,956 shares. The stock has a 50-day moving average price of $91.06 and a 200-day moving average price of $86.26. The stock has a market capitalization of $26.66 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45.

About iShares MSCI USA Min Vol Factor ETF

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.