LM Advisors LLC Makes New $447,000 Investment in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

LM Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 5,035 shares of the company’s stock, valued at approximately $447,000.

A number of other institutional investors and hedge funds have also made changes to their positions in USMV. Howe & Rusling Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 94.2% during the fourth quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock worth $27,000 after purchasing an additional 146 shares in the last quarter. Moment Partners LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $540,000. Heritage Wealth Advisors increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 27.4% in the 4th quarter. Heritage Wealth Advisors now owns 544 shares of the company’s stock valued at $48,000 after acquiring an additional 117 shares during the last quarter. Graney & King LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $77,000. Finally, Ausdal Financial Partners Inc. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 34.9% during the 4th quarter. Ausdal Financial Partners Inc. now owns 4,964 shares of the company’s stock worth $441,000 after acquiring an additional 1,284 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.1 %

Shares of USMV opened at $93.13 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $79.69 and a 52-week high of $95.12. The stock has a 50 day moving average price of $92.54 and a 200 day moving average price of $91.72. The company has a market capitalization of $24.31 billion, a price-to-earnings ratio of 24.03 and a beta of 0.77.

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.