GenTrust LLC Raises Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

GenTrust LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,974 shares of the company’s stock after purchasing an additional 200 shares during the period. GenTrust LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $353,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Anchor Investment Management LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 6.0% during the third quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after purchasing an additional 112 shares in the last quarter. Mcdonald Partners LLC raised its holdings 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 valued at $1,299,000 after acquiring an additional 125 shares during the period. Aveo Capital Partners LLC raised its holdings 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 valued at $319,000 after acquiring an additional 129 shares during the period. First Bank & Trust raised its holdings in iShares MSCI USA Min Vol Factor ETF by 2.6% during the fourth quarter. First Bank & Trust now owns 5,338 shares of the company’s stock valued at $474,000 after acquiring an additional 133 shares during the period. Finally, Investment Partners Asset Management Inc. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1.5% during the fourth quarter. Investment Partners Asset Management Inc. now owns 9,309 shares of the company’s stock valued at $827,000 after acquiring an additional 137 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.3 %

Shares of USMV stock opened at $93.31 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The stock’s 50-day moving average price is $90.97 and its 200-day moving average price is $91.27. The stock has a market capitalization of $23.71 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79.

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.