Consolidated Planning Corp Takes $1.78 Million Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Consolidated Planning Corp acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 22,744 shares of the company’s stock, valued at approximately $1,775,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. FMR LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 51.5% during the third quarter. FMR LLC now owns 26,644,002 shares of the company’s stock worth $1,928,493,000 after purchasing an additional 9,059,409 shares during the last quarter. Raymond James & Associates boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% in the 4th quarter. Raymond James & Associates now owns 16,080,799 shares of the company’s stock worth $1,254,785,000 after buying an additional 122,005 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in iShares MSCI USA Min Vol Factor ETF by 16.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 7,172,429 shares of the company’s stock worth $519,140,000 after buying an additional 1,000,764 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 54.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,301,031 shares of the company’s stock valued at $383,689,000 after buying an additional 1,867,739 shares during the period. Finally, Raymond James Financial Services Advisors Inc. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.7% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 4,802,286 shares of the company’s stock valued at $347,589,000 after acquiring an additional 126,963 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.4 %

Shares of USMV stock traded down $0.29 during trading hours on Friday, hitting $80.93. 2,421,659 shares of the company were exchanged. The firm has a fifty day moving average of $81.80 and a 200 day moving average of $78.41. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The firm has a market cap of $23.66 billion, a PE ratio of 25.31 and a beta of 0.59.

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.