Advisors Capital Management LLC Has $784,000 Position in iShares MSCI USA Min Vol Factor ETF $USMV

Advisors Capital Management LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 220.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,324 shares of the company’s stock after buying an additional 5,729 shares during the quarter. Advisors Capital Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $784,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Venturi Wealth Management LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1.8% during the third quarter. Venturi Wealth Management LLC now owns 6,122 shares of the company’s stock worth $582,000 after acquiring an additional 111 shares in the last quarter. Partners Capital Investment Group LLP grew its stake in iShares MSCI USA Min Vol Factor ETF by 0.4% in the third quarter. Partners Capital Investment Group LLP now owns 29,220 shares of the company’s stock valued at $2,780,000 after purchasing an additional 112 shares in the last quarter. Modera Wealth Management LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.1% during the 3rd quarter. Modera Wealth Management LLC now owns 2,836 shares of the company’s stock worth $270,000 after purchasing an additional 113 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 4,781 shares of the company’s stock worth $455,000 after purchasing an additional 113 shares during the last quarter. Finally, Opulen Financial Group LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% during the 3rd quarter. Opulen Financial Group LLC now owns 5,120 shares of the company’s stock worth $487,000 after purchasing an additional 118 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.5%

BATS USMV opened at $93.57 on Tuesday. The company has a market cap of $23.88 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 $90.45 and a 12 month high of $98.07. The stock has a 50 day moving average of $94.57 and a 200-day moving average of $94.46.

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.