D.A. Davidson & CO. Buys 2,350 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

D.A. Davidson & CO. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.8% in the third quarter, Holdings Channel reports. The institutional investor owned 131,331 shares of the company’s stock after buying an additional 2,350 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $11,992,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 1.1% in the 3rd quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock worth $913,000 after purchasing an additional 111 shares in the last quarter. Asset Dedication LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% in the third quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock worth $765,000 after buying an additional 121 shares in the last quarter. Sensible Money LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% during the third quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock valued at $797,000 after buying an additional 121 shares during the last quarter. Sage Capital Advisors llc increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% during the second quarter. Sage Capital Advisors llc now owns 5,331 shares of the company’s stock valued at $448,000 after acquiring an additional 123 shares in the last quarter. Finally, Foster Victor Wealth Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 4.8% in the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock worth $244,000 after acquiring an additional 123 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.6 %

Shares of USMV opened at $94.48 on Wednesday. The company has a market cap of $27.68 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The business’s fifty day simple moving average is $91.74 and its two-hundred day simple moving average is $88.03. 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.