iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Purchased by NewEdge Wealth LLC

NewEdge Wealth LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 21.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,745 shares of the company’s stock after purchasing an additional 2,927 shares during the period. NewEdge Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,487,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in USMV. PNC Financial Services Group Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the third quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock worth $904,426,000 after acquiring an additional 91,948 shares in the last quarter. LPL Financial LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after buying an additional 346,414 shares during the last quarter. Millburn Ridgefield Corp raised its holdings in iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after acquiring an additional 180,849 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after acquiring an additional 21,739 shares in the last quarter. Finally, Cerity Partners LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the 3rd quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock worth $194,871,000 after purchasing an additional 17,264 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $94.60 on Friday. The company has a market capitalization of $24.04 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The stock has a 50-day simple moving average of $91.19 and a 200 day simple moving average of $91.37.

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.