IFP Advisors Inc Has $5.73 Million Position in iShares MSCI USA Min Vol Factor ETF $USMV

IFP Advisors Inc lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 55.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 62,515 shares of the company’s stock after selling 77,992 shares during the period. IFP Advisors Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,728,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of USMV. Squarepoint Ops LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 299.2% during the second quarter. Squarepoint Ops LLC now owns 56,141 shares of the company’s stock valued at $5,415,000 after acquiring an additional 42,077 shares during the period. Allworth Financial LP raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.5% during the 2nd quarter. Allworth Financial LP now owns 60,704 shares of the company’s stock worth $5,851,000 after purchasing an additional 332 shares during the last quarter. Advus Financial Partners LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 56.0% during the 2nd quarter. Advus Financial Partners LLC now owns 12,999 shares of the company’s stock valued at $1,254,000 after purchasing an additional 4,667 shares during the period. Ameritas Advisory Services LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 75.0% during the 2nd quarter. Ameritas Advisory Services LLC now owns 50,888 shares of the company’s stock valued at $4,909,000 after purchasing an additional 21,802 shares during the period. Finally, Straight Path Wealth Management bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $203,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $99.45 on Thursday. The firm has a 50 day simple moving average of $99.28 and a 200 day simple moving average of $96.47. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $102.21. The company has a market cap of $25.38 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.