J.W. Cole Advisors Inc. Acquires 818 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

J.W. Cole Advisors Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 78,403 shares of the company’s stock after purchasing an additional 818 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,118,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Ergawealth Advisors Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 2.5% in the fourth quarter. Ergawealth Advisors Inc. now owns 28,281 shares of the company’s stock worth $2,207,000 after purchasing an additional 696 shares during the last quarter. White Pine Investment CO increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the fourth quarter. White Pine Investment CO now owns 152,434 shares of the company’s stock valued at $11,894,000 after acquiring an additional 668 shares during the period. Investment Advisory Group LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% in the fourth quarter. Investment Advisory Group LLC now owns 70,236 shares of the company’s stock valued at $5,481,000 after acquiring an additional 1,263 shares during the period. Confluence Wealth Services Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $4,176,000. Finally, Ancora Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% in the third quarter. Ancora Advisors LLC now owns 138,773 shares of the company’s stock valued at $10,044,000 after acquiring an additional 2,482 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.6 %

Shares of USMV stock traded up $0.49 during mid-day trading on Friday, reaching $80.49. The stock had a trading volume of 2,948,059 shares. The stock’s 50-day moving average price is $81.72 and its two-hundred day moving average price is $78.10. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The firm has a market capitalization of $23.54 billion, a PE ratio of 25.31 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.