World Investment Advisors Has $6.53 Million Stake in iShares MSCI USA Min Vol Factor ETF $USMV

World Investment Advisors lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 68,673 shares of the company’s stock after selling 6,928 shares during the period. World Investment Advisors’ holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,534,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Secure Asset Management LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.8% in the third quarter. Secure Asset Management LLC now owns 3,904 shares of the company’s stock worth $371,000 after acquiring an additional 108 shares during the period. International Assets Investment Management LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.7% during the 2nd quarter. International Assets Investment Management LLC now owns 15,132 shares of the company’s stock worth $1,420,000 after purchasing an additional 110 shares during the last quarter. KPP Advisory Services LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 2.9% during the 2nd quarter. KPP Advisory Services LLC now owns 4,167 shares of the company’s stock worth $391,000 after purchasing an additional 118 shares during the last quarter. Almanack Investment Partners LLC. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% in the 2nd quarter. Almanack Investment Partners LLC. now owns 20,319 shares of the company’s stock worth $1,907,000 after purchasing an additional 124 shares during the period. Finally, Beacon Financial Advisory LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% in the 2nd quarter. Beacon Financial Advisory LLC now owns 10,046 shares of the company’s stock valued at $943,000 after purchasing an additional 128 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 7.4%

USMV opened at $95.16 on Friday. 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 fifty day moving average of $94.07 and a 200-day moving average of $93.78. The stock has a market cap of $24.28 billion, a PE ratio of 22.90 and a beta of 0.72.

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.