iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Bought by New World Advisors LLC

New World Advisors LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,747 shares of the company’s stock after purchasing an additional 300 shares during the quarter. New World Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $333,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in USMV. Lockheed Martin Investment Management Co. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $62,801,000. LPL Financial LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after acquiring an additional 346,414 shares during the last quarter. Strategic Financial Concepts LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $16,911,000. Millburn Ridgefield Corp boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% during the 4th 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 during the last quarter. Finally, World Investment Advisors LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 343.1% during the 3rd quarter. World Investment Advisors LLC now owns 224,878 shares of the company’s stock valued at $20,534,000 after acquiring an additional 174,130 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.0 %

Shares of USMV stock opened at $93.06 on Monday. The company’s 50-day moving average price is $90.80 and its 200-day moving average price is $91.16. The stock has a market cap of $27.27 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45.

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.