Financial Engines Advisors L.L.C. Raises Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Financial Engines Advisors L.L.C. raised its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 23.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,164 shares of the company’s stock after buying an additional 781 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $370,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of USMV. Financial Counselors Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.1% in the 4th quarter. Financial Counselors Inc. now owns 6,779 shares of the company’s stock valued at $602,000 after acquiring an additional 330 shares during the period. Morey & Quinn Wealth Partners LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $204,000. Ipsen Advisor Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $225,000. Potentia Wealth acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $1,128,000. Finally, Ariadne Wealth Management LP boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 33.5% during the fourth quarter. Ariadne Wealth Management LP now owns 7,097 shares of the company’s stock worth $661,000 after buying an additional 1,781 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.5 %

USMV stock opened at $93.50 on Friday. The business’s fifty day moving average price is $92.61 and its 200 day moving average price is $91.73. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $79.69 and a 12-month high of $95.12. The company has a market capitalization of $24.40 billion, a PE ratio of 24.03 and a beta of 0.77.

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.