Private Client Services LLC Acquires Shares of 2,906 iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Private Client Services LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,906 shares of the company’s stock, valued at approximately $227,000.

A number of other hedge funds have also recently added to or reduced their stakes in USMV. Bank of Montreal Can raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 7.8% in the first quarter. Bank of Montreal Can now owns 8,253 shares of the company’s stock valued at $646,000 after buying an additional 594 shares during the period. Blair William & Co. IL boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.7% in the 1st quarter. Blair William & Co. IL now owns 95,612 shares of the company’s stock worth $7,417,000 after purchasing an additional 1,612 shares in the last quarter. AJ Wealth Strategies LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.4% in the 1st quarter. AJ Wealth Strategies LLC now owns 1,348,690 shares of the company’s stock worth $104,618,000 after purchasing an additional 57,434 shares in the last quarter. Founders Financial Securities LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 27.0% in the 1st quarter. Founders Financial Securities LLC now owns 88,779 shares of the company’s stock valued at $6,887,000 after acquiring an additional 18,853 shares during the last quarter. Finally, West Michigan Advisors LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.1% in the 1st quarter. West Michigan Advisors LLC now owns 12,575 shares of the company’s stock valued at $975,000 after acquiring an additional 719 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.6 %

BATS USMV opened at $79.98 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The stock has a 50-day moving average of $81.73 and a 200-day moving average of $77.96. The firm has a market cap of $23.39 billion, a PE ratio of 25.31 and a beta of 0.59.

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.