Soltis Investment Advisors LLC Grows Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Soltis Investment Advisors LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,940 shares of the company’s stock after purchasing an additional 1,655 shares during the quarter. Soltis Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $914,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of USMV. Independence Bank of Kentucky grew its holdings in iShares MSCI USA Min Vol Factor ETF by 19.3% during the 4th quarter. Independence Bank of Kentucky now owns 3,985 shares of the company’s stock worth $311,000 after acquiring an additional 645 shares in the last quarter. Leonard Rickey Investment Advisors P.L.L.C. raised its stake in iShares MSCI USA Min Vol Factor ETF by 0.4% in the fourth quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 171,049 shares of the company’s stock valued at $13,347,000 after buying an additional 597 shares in the last quarter. Etfidea LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $365,000. Arcus Capital Partners LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the 4th quarter. Arcus Capital Partners LLC now owns 26,066 shares of the company’s stock worth $2,034,000 after acquiring an additional 225 shares in the last quarter. Finally, Emerald Advisors LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.7% during the 4th quarter. Emerald Advisors LLC now owns 34,106 shares of the company’s stock worth $2,661,000 after acquiring an additional 1,213 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.2 %

USMV traded down $0.20 on Friday, reaching $86.89. The company’s stock had a trading volume of 2,104,793 shares. The company has a market capitalization of $25.46 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The stock has a 50 day moving average of $84.36 and a two-hundred day moving average of $82.47.

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.