Sovereign Investment Advisors LLC Purchases 1,354 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Sovereign Investment Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 285,892 shares of the company’s stock after acquiring an additional 1,354 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises 7.6% of Sovereign Investment Advisors LLC’s holdings, making the stock its 3rd largest holding. Sovereign Investment Advisors LLC owned approximately 0.10% of iShares MSCI USA Min Vol Factor ETF worth $25,384,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Millburn Ridgefield Corp boosted its position in iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after buying an additional 180,849 shares in the last quarter. Darrow Company Inc. boosted its position in iShares MSCI USA Min Vol Factor ETF by 0.8% in the fourth quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock valued at $13,755,000 after buying an additional 1,256 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $1,529,000. Advisors Preferred LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $438,000. Finally, MONECO Advisors LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 0.4% in the fourth quarter. MONECO Advisors LLC now owns 106,286 shares of the company’s stock valued at $9,437,000 after buying an additional 427 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $92.09 on Friday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The firm has a market capitalization of $24.04 billion, a P/E ratio of 24.03 and a beta of 0.77. The company’s 50 day moving average price is $91.87 and its two-hundred day moving average price is $91.60.

iShares MSCI USA Min Vol Factor ETF Company 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.