J.W. Cole Advisors Inc. Boosts Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

J.W. Cole Advisors Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 101,507 shares of the company’s stock after buying an additional 1,934 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,269,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in USMV. Headlands Technologies LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $30,000. Gleason Group Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $32,000. Hantz Financial Services Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $33,000. Bfsg LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% during the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after purchasing an additional 228 shares during the period. Finally, Gradient Investments LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 49,700.0% during the second quarter. Gradient Investments LLC now owns 498 shares of the company’s stock worth $42,000 after purchasing an additional 497 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock traded down $0.57 during trading on Friday, hitting $91.00. The company’s stock had a trading volume of 1,034,956 shares. The stock’s fifty day moving average is $91.06 and its 200 day moving average is $86.29. 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 market capitalization of $26.66 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF Company 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.