Flagship Private Wealth LLC Acquires 13,803 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Flagship Private Wealth LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 12.1% during the 3rd quarter, Holdings Channel reports. The firm owned 128,139 shares of the company’s stock after purchasing an additional 13,803 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises 6.0% of Flagship Private Wealth LLC’s holdings, making the stock its 4th largest position. Flagship Private Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $11,700,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Headlands Technologies LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $30,000. QRG Capital Management Inc. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 36.5% in the 2nd quarter. QRG Capital Management Inc. now owns 4,752 shares of the company’s stock valued at $399,000 after acquiring an additional 1,270 shares in the last quarter. Banco Santander S.A. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.2% in the 2nd quarter. Banco Santander S.A. now owns 99,199 shares of the company’s stock valued at $8,329,000 after acquiring an additional 1,200 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 23.2% during the 1st quarter. Sequoia Financial Advisors LLC now owns 4,861 shares of the company’s stock valued at $406,000 after acquiring an additional 914 shares during the period. Finally, EdgeRock Capital LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 5.3% during the third quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after acquiring an additional 3,371 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.9 %

BATS:USMV opened at $90.73 on Wednesday. The firm has a fifty day simple moving average of $91.14 and a two-hundred day simple moving average of $86.83. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The stock has a market capitalization of $26.58 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.