Bell Investment Advisors Inc Grows Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Bell Investment Advisors Inc boosted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 42.2% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 38,509 shares of the company’s stock after buying an additional 11,432 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for approximately 0.6% of Bell Investment Advisors Inc’s holdings, making the stock its 28th biggest position. Bell Investment Advisors Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,516,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. SpiderRock Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $629,000. Headlands Technologies LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at approximately $30,000. EdgeRock Capital LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% in the third quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after buying an additional 3,371 shares in the last quarter. QRG Capital Management Inc. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 36.5% during the second quarter. QRG Capital Management Inc. now owns 4,752 shares of the company’s stock worth $399,000 after acquiring an additional 1,270 shares during the last quarter. Finally, Banco Santander S.A. grew its stake in iShares MSCI USA Min Vol Factor ETF by 1.2% during the second 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.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.7 %

BATS USMV traded up $0.69 on Wednesday, reaching $94.57. The company had a trading volume of 1,750,372 shares. The stock has a market capitalization of $27.71 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 firm’s 50 day moving average price is $91.74 and its 200 day moving average price is $88.03.

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.