Signature Estate & Investment Advisors LLC Raises Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Signature Estate & Investment Advisors LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 37,039 shares of the company’s stock after acquiring an additional 488 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,382,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Headlands Technologies LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $30,000. Gleason Group Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $32,000. Hantz Financial Services Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $33,000. Fortitude Family Office LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at approximately $38,000. Finally, Bfsg LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after acquiring an additional 228 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 1.1 %

USMV stock opened at $92.13 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The stock has a market cap of $26.99 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The business has a fifty day moving average of $91.39 and a two-hundred day moving average of $87.29.

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.