iShares MSCI USA Min Vol Factor ETF $USMV Shares Bought by D.A. Davidson & CO.

D.A. Davidson & CO. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 159,866 shares of the company’s stock after buying an additional 24,196 shares during the quarter. D.A. Davidson & CO. owned approximately 0.06% of iShares MSCI USA Min Vol Factor ETF worth $15,210,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Oregon Pacific Wealth Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $1,048,000. Daymark Wealth Partners LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 15.0% during the 3rd quarter. Daymark Wealth Partners LLC now owns 4,634 shares of the company’s stock worth $441,000 after purchasing an additional 603 shares in the last quarter. Cynosure Group LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 16.8% during the 3rd quarter. Cynosure Group LLC now owns 42,424 shares of the company’s stock worth $4,036,000 after purchasing an additional 6,104 shares in the last quarter. Fifth Third Wealth Advisors LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 21.9% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 7,610 shares of the company’s stock worth $724,000 after purchasing an additional 1,366 shares during the last quarter. Finally, Altfest L J & Co. Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at approximately $5,987,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $93.97 on Tuesday. The business’s fifty day moving average price is $94.05 and its two-hundred day moving average price is $93.88. The stock has a market cap of $23.98 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12.

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.