Muirfield Wealth Advisors LLC Makes New Investment in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Muirfield Wealth Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) during the 4th quarter, Holdings Channel.com reports. The fund acquired 39,929 shares of the company’s stock, valued at approximately $3,116,000. iShares MSCI USA Min Vol Factor ETF accounts for approximately 3.3% of Muirfield Wealth Advisors LLC’s investment portfolio, making the stock its 9th biggest position.

Several other institutional investors also recently modified their holdings of the company. FMR LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 51.5% during the 3rd 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 in 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 valued at $1,254,785,000 after buying an additional 122,005 shares in 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 valued at $519,140,000 after buying an additional 1,000,764 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $246,963,000. Finally, International Assets Investment Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $216,845,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.1 %

USMV stock traded up $0.06 during trading on Monday, hitting $82.87. The company had a trading volume of 1,156,090 shares. The company has a fifty day moving average price of $82.10 and a two-hundred day moving average price of $80.71. The company has a market cap of $24.28 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45.

iShares MSCI USA Min Vol Factor ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding USMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report).

Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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