Emerald Advisors LLC Increases Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Emerald Advisors LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 37,671 shares of the company’s stock after acquiring an additional 1,189 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up about 0.5% of Emerald Advisors LLC’s investment portfolio, making the stock its 13th largest position. Emerald Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,345,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Capital Investment Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth approximately $203,000. Whittier Trust Co. raised its position in iShares MSCI USA Min Vol Factor ETF by 73.6% during the 3rd quarter. Whittier Trust Co. now owns 25,011 shares of the company’s stock worth $2,284,000 after buying an additional 10,600 shares during the last quarter. Foundations Investment Advisors LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% in the 3rd quarter. Foundations Investment Advisors LLC now owns 66,647 shares of the company’s stock worth $6,086,000 after acquiring an additional 3,369 shares during the period. Eastern Bank purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at about $92,000. Finally, Greenleaf Trust increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.7% during the third quarter. Greenleaf Trust now owns 10,457 shares of the company’s stock worth $955,000 after acquiring an additional 275 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.7 %

Shares of BATS:USMV opened at $93.71 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The company has a 50-day moving average price of $90.74 and a 200 day moving average price of $91.01. The company has a market cap of $27.46 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.