Advisor Resource Council Has $1.66 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Advisor Resource Council decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 25.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,988 shares of the company’s stock after selling 6,423 shares during the quarter. Advisor Resource Council’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,662,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of USMV. Raymond James Financial Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $1,176,338,000. Wealth Enhancement Advisory Services LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 102.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock worth $620,423,000 after buying an additional 3,352,591 shares in the last quarter. Focus Partners Wealth increased its stake in iShares MSCI USA Min Vol Factor ETF by 261.0% during the 4th quarter. Focus Partners Wealth now owns 1,119,087 shares of the company’s stock worth $99,364,000 after acquiring an additional 809,082 shares during the period. Horizon Wealth Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at $39,347,000. Finally, Ball & Co Wealth Management Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $32,334,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $91.76 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.55 and a 52-week high of $95.12. The firm has a market cap of $23.53 billion, a P/E ratio of 24.27 and a beta of 0.72. The business’s fifty day moving average is $92.28 and its 200-day moving average is $91.70.

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.