Concurrent Investment Advisors LLC Increases Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Concurrent Investment Advisors LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 40.0% in the 2nd quarter, Holdings Channel.com reports. The firm owned 122,383 shares of the company’s stock after buying an additional 34,954 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $11,805,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of USMV. WealthPLAN Partners LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% in the fourth quarter. WealthPLAN Partners LLC now owns 4,160 shares of the company’s stock worth $392,000 after buying an additional 105 shares during the last quarter. Delta Wealth Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.3% in the 1st quarter. Delta Wealth Advisors LLC now owns 36,699 shares of the company’s stock worth $3,403,000 after purchasing an additional 108 shares during the period. Mcmorgan & Co. LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 0.4% in the first quarter. Mcmorgan & Co. LLC now owns 28,238 shares of the company’s stock worth $2,619,000 after buying an additional 108 shares in the last quarter. KW Wealth Management LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 4th quarter. KW Wealth Management LLC now owns 13,553 shares of the company’s stock valued at $1,276,000 after buying an additional 109 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 36,125 shares of the company’s stock valued at $3,402,000 after acquiring an additional 118 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $100.80 on Friday. The company has a market capitalization of $25.72 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $102.21. The firm’s 50 day simple moving average is $99.07 and its two-hundred day simple moving average is $96.38.

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.