iShares MSCI USA Min Vol Factor ETF $USMV Shares Acquired by Cerity Partners LLC

Cerity Partners LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,173,137 shares of the company’s stock after acquiring an additional 51,398 shares during the quarter. Cerity Partners LLC owned about 0.46% of iShares MSCI USA Min Vol Factor ETF worth $111,612,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of USMV. Avion Wealth increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 88.8% during the second quarter. Avion Wealth now owns 304 shares of the company’s stock worth $28,000 after purchasing an additional 143 shares in the last quarter. Chapman Financial Group LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $29,000. Flaharty Asset Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the first quarter worth approximately $30,000. Phillips Financial Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $46,000. Finally, Howe & Rusling Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 141.8% in the second quarter. Howe & Rusling Inc. now owns 515 shares of the company’s stock valued at $48,000 after buying an additional 302 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.7%

Shares of USMV opened at $94.59 on Wednesday. The firm has a market cap of $24.14 billion, a PE ratio of 22.90 and a beta of 0.72. The company’s 50 day simple moving average is $94.06 and its 200-day simple moving average is $93.90. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month 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.