iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stock Position Lifted by Peddock Capital Advisors LLC

Peddock Capital Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 12,840 shares of the company’s stock after buying an additional 266 shares during the quarter. Peddock Capital Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,002,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. FMR LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 51.5% in the third quarter. FMR LLC now owns 26,644,002 shares of the company’s stock worth $1,928,493,000 after buying an additional 9,059,409 shares during the last quarter. Catalyst Capital Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $259,275,000. Envestnet Portfolio Solutions Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $246,963,000. International Assets Investment Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $216,845,000. Finally, PNC Financial Services Group Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 54.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,301,031 shares of the company’s stock valued at $383,689,000 after buying an additional 1,867,739 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.6 %

iShares MSCI USA Min Vol Factor ETF stock traded up $0.52 during mid-day trading on Wednesday, hitting $82.12. 1,183,310 shares of the company’s stock were exchanged. The stock has a market cap of $24.06 billion, a P/E ratio of 25.30 and a beta of 0.59. The stock has a 50 day moving average of $81.80 and a two-hundred day moving average of $78.89. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year 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.