Exencial Wealth Advisors LLC Grows Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Exencial Wealth Advisors LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,251 shares of the company’s stock after purchasing an additional 136 shares during the quarter. Exencial Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $733,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Synergy Investment Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $65,000. Patten Group Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 2.2% in the fourth quarter. Patten Group Inc. now owns 6,579 shares of the company’s stock valued at $584,000 after purchasing an additional 140 shares during the period. Steward Partners Investment Advisory LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 2.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 632,233 shares of the company’s stock worth $56,136,000 after buying an additional 17,257 shares during the period. Global Strategic Investment Solutions LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $217,000. Finally, Bravias Capital Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $1,221,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.8 %

USMV opened at $93.76 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The company has a 50 day moving average of $91.44 and a two-hundred day moving average of $91.48. The company has a market cap of $23.82 billion, a P/E ratio of 24.43 and a beta of 0.79.

iShares MSCI USA Min Vol Factor ETF Company 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.