Mercer Global Advisors Inc. ADV Has $122.39 Million Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Mercer Global Advisors Inc. ADV trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 10.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,286,426 shares of the company’s stock after selling 154,602 shares during the period. Mercer Global Advisors Inc. ADV owned approximately 0.50% of iShares MSCI USA Min Vol Factor ETF worth $122,391,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of USMV. Bank of America Corp DE lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the 3rd quarter. Bank of America Corp DE now owns 13,794,595 shares of the company’s stock valued at $1,312,418,000 after acquiring an additional 98,221 shares during the period. Raymond James Financial Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 1.5% in the third quarter. Raymond James Financial Inc. now owns 13,521,148 shares of the company’s stock worth $1,286,402,000 after purchasing an additional 206,108 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 2.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,831,899 shares of the company’s stock valued at $650,670,000 after purchasing an additional 156,234 shares in the last quarter. Millburn Ridgefield LLC DE increased its stake in iShares MSCI USA Min Vol Factor ETF by 5.4% in the third quarter. Millburn Ridgefield LLC DE now owns 3,752,960 shares of the company’s stock valued at $357,057,000 after purchasing an additional 190,646 shares in the last quarter. Finally, UBS Group AG raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.3% during the third quarter. UBS Group AG now owns 3,545,978 shares of the company’s stock valued at $337,364,000 after purchasing an additional 80,056 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock opened at $95.64 on Tuesday. The stock has a market capitalization of $24.41 billion, a PE ratio of 22.90 and a beta of 0.72. The company’s 50-day moving average is $95.54 and its 200-day moving average is $94.66. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $98.07.

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.