Courier Capital LLC Increases Position in iShares MSCI USA Min Vol Factor ETF $USMV

Courier Capital LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 78,024 shares of the company’s stock after purchasing an additional 6,505 shares during the period. Courier Capital LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,423,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. NorthCrest Asset Manangement LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 10.1% in the third quarter. NorthCrest Asset Manangement LLC now owns 11,167 shares of the company’s stock valued at $1,064,000 after purchasing an additional 1,020 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 6,831,899 shares of the company’s stock valued at $650,670,000 after buying an additional 156,234 shares in the last quarter. Inspire Advisors LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 7.2% in the 3rd quarter. Inspire Advisors LLC now owns 4,751 shares of the company’s stock valued at $452,000 after buying an additional 320 shares during the last quarter. Intrua Financial LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $1,159,000. Finally, Capital Advisory Group Advisory Services LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 7.4% during the 3rd quarter. Capital Advisory Group Advisory Services LLC now owns 4,336 shares of the company’s stock worth $413,000 after acquiring an additional 300 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV opened at $94.47 on Monday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $83.99 and a 1-year high of $95.12. The stock has a market cap of $24.11 billion, a PE ratio of 22.90 and a beta of 0.72. The firm has a fifty day moving average price of $94.31 and a 200 day moving average price of $93.98.

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.