Financial Counselors Inc. Raises Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Financial Counselors Inc. lifted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,779 shares of the company’s stock after buying an additional 330 shares during the quarter. Financial Counselors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $602,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $1,176,338,000. Lockheed Martin Investment Management Co. purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $62,801,000. LPL Financial LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 6.1% during the fourth quarter. LPL Financial LLC now owns 5,685,914 shares of the company’s stock worth $504,852,000 after buying an additional 328,291 shares during the period. Sequoia Financial Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 6,039.6% in the fourth quarter. Sequoia Financial Advisors LLC now owns 285,738 shares of the company’s stock valued at $25,371,000 after buying an additional 281,084 shares in the last quarter. Finally, Independent Advisor Alliance acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $17,861,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $92.75 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $79.69 and a 12 month high of $95.12. The firm has a market capitalization of $24.21 billion, a price-to-earnings ratio of 24.03 and a beta of 0.77. The business’s 50 day simple moving average is $92.67 and its 200-day simple moving average is $91.75.

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.