22,018 iShares MSCI USA Min Vol Factor ETF $USMV Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 328,386 shares of the company’s stock after buying an additional 22,018 shares during the period. Kestra Advisory Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $31,998,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in USMV. Cetera Investment Advisers lifted its stake in iShares MSCI USA Min Vol Factor ETF by 1.9% in the first quarter. Cetera Investment Advisers now owns 2,162,456 shares of the company’s stock worth $200,546,000 after acquiring an additional 39,289 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $171,412,000. Sei Investments Co. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 1.9% during the 1st quarter. Sei Investments Co. now owns 1,560,042 shares of the company’s stock worth $144,677,000 after acquiring an additional 28,733 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 99.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock worth $106,053,000 after acquiring an additional 569,762 shares in the last quarter. Finally, Apollon Wealth Management LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1,040.9% in the 3rd quarter. Apollon Wealth Management LLC now owns 989,315 shares of the company’s stock valued at $96,399,000 after purchasing an additional 902,603 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV traded down $0.52 during trading hours on Friday, reaching $101.23. The stock had a trading volume of 4,064,529 shares, compared to its average volume of 2,294,860. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $104.75. The firm’s 50 day moving average is $100.57 and its 200-day moving average is $97.20. The stock has a market capitalization of $25.83 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.