Savvy Advisors Inc. Acquires 6,539 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Savvy Advisors Inc. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 28.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,836 shares of the company’s stock after purchasing an additional 6,539 shares during the quarter. Savvy Advisors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,809,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Investors Research Corp acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $26,000. Chapman Financial Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $29,000. Manning & Napier Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $30,000. Abound Wealth Management increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 437.1% during the fourth quarter. Abound Wealth Management now owns 333 shares of the company’s stock worth $31,000 after acquiring an additional 271 shares in the last quarter. Finally, Grey Fox Wealth Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth $35,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $93.36 on Monday. The firm has a market cap of $23.83 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $98.07. The company’s fifty day simple moving average is $95.07 and its 200 day simple moving average is $94.54.

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.