Sequoia Financial Advisors LLC Acquires 281,084 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Sequoia Financial Advisors LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6,039.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 285,738 shares of the company’s stock after purchasing an additional 281,084 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $25,371,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. PFG Advisors lifted its position in iShares MSCI USA Min Vol Factor ETF by 2.6% in the 4th quarter. PFG Advisors now owns 23,529 shares of the company’s stock valued at $2,089,000 after acquiring an additional 595 shares in the last quarter. New England Private Wealth Advisors LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 9.0% in the 4th quarter. New England Private Wealth Advisors LLC now owns 108,944 shares of the company’s stock valued at $9,673,000 after purchasing an additional 9,040 shares during the period. Wealthfront Advisers LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1,034.1% in the fourth quarter. Wealthfront Advisers LLC now owns 57,747 shares of the company’s stock valued at $5,456,000 after purchasing an additional 52,655 shares in the last quarter. Sage Mountain Advisors LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 7.7% during the fourth quarter. Sage Mountain Advisors LLC now owns 18,047 shares of the company’s stock worth $1,602,000 after buying an additional 1,294 shares during the period. Finally, Vista Investment Partners II LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $307,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $91.90 on Wednesday. The firm has a market cap of $23.35 billion, a PE ratio of 24.43 and a beta of 0.79. The business’s 50 day simple moving average is $91.71 and its 200 day simple moving average is $91.58. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45.

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.