Financial Enhancement Group LLC Has $19.21 Million Position in iShares MSCI USA Min Vol Factor ETF $USMV

Financial Enhancement Group LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 23.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 203,637 shares of the company’s stock after purchasing an additional 38,998 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for about 2.5% of Financial Enhancement Group LLC’s portfolio, making the stock its 8th largest position. Financial Enhancement Group LLC owned about 0.08% of iShares MSCI USA Min Vol Factor ETF worth $19,211,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Bank of America Corp DE lifted its position in iShares MSCI USA Min Vol Factor ETF by 0.7% during the third quarter. Bank of America Corp DE now owns 13,794,595 shares of the company’s stock valued at $1,312,418,000 after purchasing an additional 98,221 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% in the 3rd quarter. Raymond James Financial Inc. now owns 13,521,148 shares of the company’s stock worth $1,286,402,000 after acquiring an additional 206,108 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,977,742 shares of the company’s stock worth $659,752,000 after acquiring an additional 145,843 shares during the last quarter. Millburn Ridgefield LLC DE lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.4% in the 3rd quarter. Millburn Ridgefield LLC DE now owns 3,752,960 shares of the company’s stock worth $357,057,000 after acquiring an additional 190,646 shares during the last quarter. Finally, UBS Group AG lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.3% in the 3rd quarter. UBS Group AG now owns 3,545,978 shares of the company’s stock worth $337,364,000 after acquiring an additional 80,056 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.8%

iShares MSCI USA Min Vol Factor ETF stock opened at $93.51 on Tuesday. The firm has a 50-day moving average price of $94.86 and a 200-day moving average price of $94.52. The firm has a market capitalization of $23.86 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $87.41 and a 12-month high of $98.07.

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.