iShares MSCI USA Min Vol Factor ETF $USMV Stock Position Increased by Avior Wealth Management LLC

Avior Wealth Management LLC increased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 13.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,685 shares of the company’s stock after buying an additional 2,660 shares during the quarter. Avior Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,129,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of USMV. Brown Advisory Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 8.9% in the 1st quarter. Brown Advisory Inc. now owns 16,950 shares of the company’s stock worth $1,588,000 after purchasing an additional 1,387 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings 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. Accurate Wealth Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter worth approximately $203,000. MinichMacGregor Wealth Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter worth approximately $283,000. Finally, Townsquare Capital LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.3% in the first quarter. Townsquare Capital LLC now owns 53,888 shares of the company’s stock valued at $5,047,000 after buying an additional 3,666 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $94.52 on Monday. The company has a market capitalization of $24.12 billion, a PE ratio of 22.90 and a beta of 0.72. The stock has a fifty day moving average of $93.70 and a 200-day moving average of $92.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12.

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.