iShares MSCI USA Min Vol Factor ETF $USMV Stock Position Increased by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 40.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 122,383 shares of the company’s stock after purchasing an additional 34,954 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $11,805,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in USMV. Chapman Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $29,000. Ankerstar Wealth LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $31,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $33,000. Commonwealth Retirement Investments LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $34,000. Finally, Entrust Financial LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $35,000.

iShares MSCI USA Min Vol Factor ETF Stock Down 1.0%

USMV stock opened at $100.80 on Friday. The company’s 50-day moving average price is $99.07 and its two-hundred day moving average price is $96.38. The firm has a market cap of $25.72 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $102.21.

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.