iShares MSCI USA Min Vol Factor ETF $USMV Shares Newly Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 126,229 shares of the company’s stock, valued at approximately $12,300,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cetera Investment Advisers boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the 1st quarter. Cetera Investment Advisers now owns 2,162,456 shares of the company’s stock worth $200,546,000 after purchasing an additional 39,289 shares during the period. Sei Investments Co. raised its position in iShares MSCI USA Min Vol Factor ETF by 1.9% in the first quarter. Sei Investments Co. now owns 1,560,042 shares of the company’s stock valued at $144,677,000 after purchasing an additional 28,733 shares during the period. Geneos Wealth Management Inc. raised its position in iShares MSCI USA Min Vol Factor ETF by 99.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock valued at $106,053,000 after purchasing an additional 569,762 shares during the period. Apollon Wealth Management LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 1,040.9% in the third quarter. Apollon Wealth Management LLC now owns 989,315 shares of the company’s stock valued at $96,399,000 after purchasing an additional 902,603 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 14.3% during the second quarter. NewEdge Advisors LLC now owns 706,584 shares of the company’s stock worth $68,151,000 after purchasing an additional 88,257 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.2%

USMV opened at $103.13 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $103.58. The business has a fifty day simple moving average of $100.41 and a 200-day simple moving average of $96.95. The firm has a market cap of $26.32 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.