Sovereign Investment Advisors LLC Has $25.38 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Sovereign Investment Advisors LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 285,892 shares of the company’s stock after purchasing an additional 1,354 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up about 7.6% of Sovereign Investment Advisors LLC’s holdings, making the stock its 3rd biggest holding. Sovereign Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $25,384,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Millburn Ridgefield Corp raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% during the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after acquiring an additional 180,849 shares during the last quarter. Darrow Company Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the fourth quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock valued at $13,755,000 after acquiring an additional 1,256 shares during the last quarter. Golden State Wealth Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $1,529,000. Advisors Preferred LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $438,000. Finally, MONECO Advisors LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 0.4% during the fourth quarter. MONECO Advisors LLC now owns 106,286 shares of the company’s stock worth $9,437,000 after buying an additional 427 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 3.9 %

Shares of BATS USMV opened at $92.09 on Friday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The firm has a fifty day simple moving average of $91.87 and a 200 day simple moving average of $91.60. The company has a market capitalization of $24.04 billion, a PE ratio of 24.03 and a beta of 0.77.

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.