Avantax Advisory Services Inc. Buys 2,804 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Avantax Advisory Services Inc. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 230,042 shares of the company’s stock after acquiring an additional 2,804 shares during the quarter. Avantax Advisory Services Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $20,425,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Stonebridge Financial Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $28,000. AlphaMark Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $30,000. Valued Wealth Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $30,000. Sound Income Strategies LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% in the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after purchasing an additional 143 shares during the period. Finally, Crews Bank & Trust purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $46,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 2.9 %

USMV opened at $91.22 on Thursday. The stock has a market cap of $23.18 billion, a PE ratio of 24.43 and a beta of 0.79. The business has a 50 day moving average of $91.76 and a 200-day moving average of $91.58. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45.

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.