IFP Advisors Inc Has $13.39 Million Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

IFP Advisors Inc raised its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 39.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 142,248 shares of the company’s stock after buying an additional 40,424 shares during the quarter. IFP Advisors Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $13,394,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in USMV. Intrust Bank NA raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.6% during the fourth quarter. Intrust Bank NA now owns 202,328 shares of the company’s stock worth $19,051,000 after purchasing an additional 7,085 shares during the period. Mullooly Asset Management Inc. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 10.3% during the fourth quarter. Mullooly Asset Management Inc. now owns 39,269 shares of the company’s stock worth $3,698,000 after purchasing an additional 3,672 shares during the period. Csenge Advisory Group raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% during the fourth quarter. Csenge Advisory Group now owns 69,085 shares of the company’s stock worth $6,505,000 after purchasing an additional 283 shares during the period. Envestnet Portfolio Solutions Inc. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 271,919 shares of the company’s stock worth $25,604,000 after purchasing an additional 4,695 shares during the period. Finally, Entrust Financial LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $35,000.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.2%

Shares of BATS:USMV opened at $95.79 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $91.02 and a twelve month high of $98.07. The stock’s 50 day moving average is $93.98 and its 200-day moving average is $94.49. The firm has a market capitalization of $24.45 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.