iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Acquired by Elevate Wealth Advisory Inc.

Elevate Wealth Advisory Inc. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 17,069 shares of the company’s stock after buying an additional 1,468 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises 1.1% of Elevate Wealth Advisory Inc.’s holdings, making the stock its 22nd biggest position. Elevate Wealth Advisory Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,498,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Millburn Ridgefield Corp increased its stake 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. Darrow Company Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% in the fourth quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock valued at $13,755,000 after purchasing an additional 1,256 shares during the period. Golden State Wealth Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $1,529,000. Advisors Preferred LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $438,000. Finally, MONECO Advisors LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the 4th quarter. MONECO Advisors LLC now owns 106,286 shares of the company’s stock valued at $9,437,000 after purchasing an additional 427 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.7 %

Shares of BATS USMV opened at $92.83 on Thursday. The stock has a market capitalization of $24.23 billion, a PE ratio of 24.03 and a beta of 0.77. The firm has a fifty day moving average of $92.11 and a 200-day moving average of $91.64. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $79.69 and a 52-week high of $95.12.

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.