Van Hulzen Asset Management LLC Raises Position in iShares MSCI USA Min Vol Factor ETF $USMV

Van Hulzen Asset Management LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.1% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 91,573 shares of the company’s stock after buying an additional 1,857 shares during the period. Van Hulzen Asset Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $8,596,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in USMV. ROSS JOHNSON & Associates LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at about $28,000. Avion Wealth increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 88.8% in the second quarter. Avion Wealth now owns 304 shares of the company’s stock worth $28,000 after purchasing an additional 143 shares during the last quarter. Flaharty Asset Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter worth approximately $30,000. Headlands Technologies LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the first quarter valued at approximately $37,000. Finally, Phillips Financial Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $46,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.51 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.12. The firm has a market cap of $24.12 billion, a PE ratio of 22.90 and a beta of 0.72. The company has a 50 day simple moving average of $94.15 and a two-hundred day simple moving average of $93.65.

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.