Wealth Enhancement Advisory Services LLC Raises Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Wealth Enhancement Advisory Services LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,225,739 shares of the company’s stock after acquiring an additional 21,739 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for 0.6% of Wealth Enhancement Advisory Services LLC’s holdings, making the stock its 28th biggest position. Wealth Enhancement Advisory Services LLC owned 1.10% of iShares MSCI USA Min Vol Factor ETF worth $294,542,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. SpiderRock Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at approximately $629,000. Headlands Technologies LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth $30,000. EdgeRock Capital LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% in the third quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after buying an additional 3,371 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the second quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock worth $19,494,000 after buying an additional 1,785 shares during the period. Finally, Gateway Wealth Partners LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% during the second quarter. Gateway Wealth Partners LLC now owns 50,033 shares of the company’s stock valued at $4,201,000 after buying an additional 2,304 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock traded up $0.55 during midday trading on Friday, reaching $89.00. The stock had a trading volume of 1,745,776 shares. The firm has a fifty day simple moving average of $91.48 and a two-hundred day simple moving average of $89.70. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The stock has a market cap of $26.08 billion, a PE ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF 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.