Signature Estate & Investment Advisors LLC Grows Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Signature Estate & Investment Advisors LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.3% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 37,039 shares of the company’s stock after purchasing an additional 488 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,382,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in USMV. Cetera Investment Advisers boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 270.9% in the first quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock valued at $158,465,000 after purchasing an additional 1,384,833 shares during the period. Dynasty Wealth Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at approximately $83,046,000. Carrera Capital Advisors acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth $33,148,000. Symmetry Partners LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 75.6% during the second quarter. Symmetry Partners LLC now owns 769,232 shares of the company’s stock worth $64,585,000 after acquiring an additional 331,096 shares during the period. Finally, Granite Bay Wealth Management LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5,487.5% in the second quarter. Granite Bay Wealth Management LLC now owns 331,843 shares of the company’s stock valued at $27,303,000 after acquiring an additional 325,904 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 1.1 %

BATS:USMV opened at $92.13 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The firm has a market cap of $26.99 billion, a PE ratio of 25.30 and a beta of 0.59. The stock has a fifty day moving average price of $91.39 and a 200 day moving average price of $87.29.

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.