Sequoia Financial Advisors LLC Acquires 281,084 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Sequoia Financial Advisors LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6,039.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 285,738 shares of the company’s stock after buying an additional 281,084 shares during the period. Sequoia Financial Advisors LLC owned approximately 0.10% of iShares MSCI USA Min Vol Factor ETF worth $25,371,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Anchor Investment Management LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% in the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after purchasing an additional 112 shares during the period. Flputnam Investment Management Co. increased its holdings in iShares MSCI USA Min Vol Factor ETF by 4.3% in the fourth quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock valued at $263,000 after purchasing an additional 123 shares during the last quarter. Mcdonald Partners LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% in the fourth quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock valued at $1,299,000 after buying an additional 125 shares during the period. Aveo Capital Partners LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 3.7% during the fourth quarter. Aveo Capital Partners LLC now owns 3,598 shares of the company’s stock worth $319,000 after buying an additional 129 shares during the last quarter. Finally, First Bank & Trust grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% during the 4th quarter. First Bank & Trust now owns 5,338 shares of the company’s stock worth $474,000 after buying an additional 133 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $91.90 on Wednesday. The stock has a market cap of $23.35 billion, a PE ratio of 24.43 and a beta of 0.79. The stock has a 50-day moving average of $91.71 and a 200-day moving average of $91.58. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45.

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.