iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Acquired by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC lifted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 16.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,779 shares of the company’s stock after purchasing an additional 807 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $513,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in USMV. SpiderRock Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $629,000. EdgeRock Capital LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 5.3% during the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after purchasing an additional 3,371 shares during the period. Integrated Wealth Concepts LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 7.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock worth $57,937,000 after purchasing an additional 43,846 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% in the second quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock valued at $19,494,000 after purchasing an additional 1,785 shares during the period. Finally, Gateway Wealth Partners LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% in the second quarter. Gateway Wealth Partners LLC now owns 50,033 shares of the company’s stock valued at $4,201,000 after buying an additional 2,304 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $89.68 on Friday. The company has a market capitalization of $26.28 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The firm has a 50-day simple moving average of $91.23 and a 200-day simple moving average of $89.86.

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.