Larson Financial Group LLC Purchases 1,947 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Larson Financial Group LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 147.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,270 shares of the company’s stock after buying an additional 1,947 shares during the quarter. Larson Financial Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $299,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Raymond James & Associates grew its holdings in iShares MSCI USA Min Vol Factor ETF by 0.9% during the 2nd quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock worth $1,351,398,000 after acquiring an additional 146,632 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares MSCI USA Min Vol Factor ETF by 0.9% during the third quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock valued at $904,426,000 after buying an additional 91,948 shares during the period. LPL Financial LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 6.9% in the third 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 in the last quarter. Catalyst Capital Advisors LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 5.2% during the second quarter. Catalyst Capital Advisors LLC now owns 3,658,707 shares of the company’s stock worth $307,185,000 after buying an additional 182,050 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock worth $268,843,000 after buying an additional 31,625 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.6 %

Shares of BATS:USMV opened at $94.48 on Wednesday. The company has a market capitalization of $27.68 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The business’s fifty day simple moving average is $91.74 and its 200-day simple moving average is $88.03.

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.