Courier Capital LLC Has $546,000 Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Courier Capital LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 110.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,145 shares of the company’s stock after acquiring an additional 3,223 shares during the quarter. Courier Capital LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $546,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Carrera Capital Advisors acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at about $33,148,000. LPL Financial LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after buying an additional 346,414 shares during the period. Sanctuary Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $18,422,000. Bank of Montreal Can increased its position in iShares MSCI USA Min Vol Factor ETF by 572.4% in the 2nd quarter. Bank of Montreal Can now owns 250,380 shares of the company’s stock valued at $21,142,000 after acquiring an additional 213,145 shares during the period. Finally, Magnolia Capital Advisors LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 867.8% during the second quarter. Magnolia Capital Advisors LLC now owns 219,897 shares of the company’s stock valued at $18,463,000 after acquiring an additional 197,175 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $88.17 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The firm has a market cap of $25.83 billion, a PE ratio of 25.30 and a beta of 0.59. The firm’s fifty day moving average is $91.41 and its 200-day moving average is $89.84.

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.