Trek Financial LLC Buys 13,570 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Trek Financial LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 44.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 44,429 shares of the company’s stock after buying an additional 13,570 shares during the quarter. Trek Financial LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,232,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. PSI Advisors LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 10.3% in the first quarter. PSI Advisors LLC now owns 136,562 shares of the company’s stock worth $9,934,000 after purchasing an additional 12,702 shares during the last quarter. AdvisorNet Financial Inc grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 14.8% in the first quarter. AdvisorNet Financial Inc now owns 34,604 shares of the company’s stock worth $2,517,000 after purchasing an additional 4,452 shares during the last quarter. Vestmark Advisory Solutions Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 22.2% in the first quarter. Vestmark Advisory Solutions Inc. now owns 14,179 shares of the company’s stock worth $1,031,000 after purchasing an additional 2,572 shares during the last quarter. McKinley Carter Wealth Services Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 14.3% in the first quarter. McKinley Carter Wealth Services Inc. now owns 9,023 shares of the company’s stock worth $656,000 after purchasing an additional 1,129 shares during the last quarter. Finally, HBK Sorce Advisory LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 93.2% in the fourth quarter. HBK Sorce Advisory LLC now owns 16,948 shares of the company’s stock worth $1,222,000 after purchasing an additional 8,177 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $74.72 on Friday. The stock has a market capitalization of $28.66 billion, a PE ratio of 20.17 and a beta of 0.75. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The business’s 50-day moving average is $74.67 and its 200 day moving average is $73.17.

About iShares MSCI USA Min Vol Factor ETF

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.