iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Position Lifted by Latitude Advisors LLC

Latitude Advisors LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 31.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,389 shares of the company’s stock after acquiring an additional 1,544 shares during the quarter. Latitude Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $583,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in USMV. First Trust Direct Indexing L.P. bought a new position in iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at $853,000. Sequoia Financial Advisors LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 23.2% in the 1st quarter. Sequoia Financial Advisors LLC now owns 4,861 shares of the company’s stock worth $406,000 after buying an additional 914 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 558.9% in the 1st quarter. BNP Paribas Financial Markets now owns 20,190 shares of the company’s stock worth $1,687,000 after buying an additional 17,126 shares during the last quarter. Etfidea LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 109.2% in the 1st quarter. Etfidea LLC now owns 9,796 shares of the company’s stock worth $819,000 after buying an additional 5,113 shares during the last quarter. Finally, TFB Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth about $308,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $89.97 on Friday. The firm’s 50-day moving average is $91.14 and its 200-day moving average is $86.64. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The company has a market cap of $26.36 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.