Farther Finance Advisors LLC Has $3.79 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Farther Finance Advisors LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 34.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,298 shares of the company’s stock after purchasing an additional 10,355 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,794,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Investors Research Corp acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $26,000. Chapman Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $29,000. Manning & Napier Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $30,000. Abound Wealth Management raised its stake in iShares MSCI USA Min Vol Factor ETF by 437.1% during the 4th quarter. Abound Wealth Management now owns 333 shares of the company’s stock worth $31,000 after buying an additional 271 shares during the period. Finally, Eagle Bay Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $33,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock opened at $94.86 on Friday. The stock’s 50 day simple moving average is $94.78 and its 200 day simple moving average is $94.51. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $87.41 and a fifty-two week high of $98.07. The company has a market cap of $24.21 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.