Lantz Financial LLC Acquires 648 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Lantz Financial LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.3% in the second quarter, according to its most recent filing with the SEC. The fund owned 20,222 shares of the company’s stock after acquiring an additional 648 shares during the period. Lantz Financial LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,501,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of USMV. Bank of America Corp DE raised its position in iShares MSCI USA Min Vol Factor ETF by 2.2% during the 1st quarter. Bank of America Corp DE now owns 41,054,967 shares of the company’s stock valued at $2,986,338,000 after purchasing an additional 869,759 shares in the last quarter. Envestnet Asset Management Inc. raised its position in iShares MSCI USA Min Vol Factor ETF by 12.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 25,463,301 shares of the company’s stock valued at $1,852,201,000 after purchasing an additional 2,832,040 shares in the last quarter. Morgan Stanley raised its position in iShares MSCI USA Min Vol Factor ETF by 7.6% during the 4th quarter. Morgan Stanley now owns 15,673,112 shares of the company’s stock valued at $1,130,031,000 after purchasing an additional 1,111,338 shares in the last quarter. Moneta Group Investment Advisors LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 140,054.1% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,961,456 shares of the company’s stock valued at $790,321,000 after purchasing an additional 10,953,635 shares in the last quarter. Finally, LPL Financial LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 8.5% during the 1st quarter. LPL Financial LLC now owns 8,346,981 shares of the company’s stock valued at $607,159,000 after purchasing an additional 651,701 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV traded up $0.10 on Tuesday, reaching $74.94. 1,046,476 shares of the stock traded hands. The company has a fifty day moving average price of $74.80 and a 200-day moving average price of $73.36. The company has a market cap of $28.75 billion, a price-to-earnings ratio of 20.17 and a beta of 0.75. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45.

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.