Cahill Financial Advisors Inc. Increases Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Cahill Financial Advisors Inc. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 10.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,754 shares of the company’s stock after purchasing an additional 359 shares during the period. Cahill Financial Advisors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $343,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Cetera Investment Advisers raised its position in iShares MSCI USA Min Vol Factor ETF by 270.9% in the first quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock worth $158,465,000 after acquiring an additional 1,384,833 shares in the last quarter. Dynasty Wealth Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at about $83,046,000. Carrera Capital Advisors acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at about $33,148,000. LPL Financial LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after purchasing an additional 346,414 shares during the period. Finally, Symmetry Partners LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 75.6% during the second quarter. Symmetry Partners LLC now owns 769,232 shares of the company’s stock worth $64,585,000 after buying an additional 331,096 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.5 %

USMV stock opened at $93.46 on Monday. The firm has a 50 day moving average of $91.64 and a 200-day moving average of $87.87. The company has a market cap of $27.38 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. 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 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.