Valmark Advisers Inc. Has $20.65 Million Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Valmark Advisers Inc. raised its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 219,956 shares of the company’s stock after acquiring an additional 430 shares during the period. Valmark Advisers Inc. owned about 0.09% of iShares MSCI USA Min Vol Factor ETF worth $20,647,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of USMV. Wealth Enhancement Advisory Services LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 0.8% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,675,665 shares of the company’s stock valued at $628,581,000 after purchasing an additional 51,463 shares during the last quarter. LPL Financial LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.4% during the first quarter. LPL Financial LLC now owns 5,876,594 shares of the company’s stock worth $550,402,000 after purchasing an additional 190,680 shares during the period. Envestnet Asset Management Inc. increased its stake in iShares MSCI USA Min Vol Factor ETF by 2.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 4,605,177 shares of the company’s stock worth $431,321,000 after acquiring an additional 112,814 shares during the period. JPMorgan Chase & Co. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 17.3% in the 1st quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock valued at $360,219,000 after purchasing an additional 568,565 shares during the last quarter. Finally, Catalyst Capital Advisors LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.9% in the 1st quarter. Catalyst Capital Advisors LLC now owns 3,755,502 shares of the company’s stock valued at $351,740,000 after purchasing an additional 104,095 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 7.4%

BATS USMV opened at $95.22 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $95.12. The company has a market cap of $24.30 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The business’s fifty day moving average is $93.88 and its 200 day moving average is $92.84.

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.