Allworth Financial LP Raises Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Allworth Financial LP increased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 30.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,585 shares of the company’s stock after purchasing an additional 18,167 shares during the period. Allworth Financial LP’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,377,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Brighton Jones LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% during the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after buying an additional 1,291 shares during the period. LRI Investments LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at $33,000. Edgestream Partners L.P. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth $345,000. Accredited Investor Services LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter worth $948,000. Finally, Wealthfront Advisers LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 10.5% in the first quarter. Wealthfront Advisers LLC now owns 6,703 shares of the company’s stock valued at $628,000 after purchasing an additional 635 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.3%

BATS USMV opened at $94.23 on Wednesday. The business’s 50-day moving average price is $94.10 and its 200 day moving average price is $93.47. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $95.12. The company has a market capitalization of $24.05 billion, a PE ratio of 22.90 and a beta of 0.72.

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.