Fortis Group Advisors LLC Has $1.85 Million Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Fortis Group Advisors LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) by 5.2% in the fourth quarter, HoldingsChannel reports. The fund owned 25,178 shares of the company’s stock after acquiring an additional 1,241 shares during the period. Fortis Group Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,845,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Cherry Tree Wealth Management LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 17,305 shares of the company’s stock worth $1,350,000 after purchasing an additional 160 shares in the last quarter. ARS Wealth Advisors Group LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 4.5% in the 4th quarter. ARS Wealth Advisors Group LLC now owns 511,936 shares of the company’s stock valued at $39,946,000 after acquiring an additional 22,057 shares during the period. Ergawealth Advisors Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 2.5% in the 4th quarter. Ergawealth Advisors Inc. now owns 28,281 shares of the company’s stock valued at $2,207,000 after acquiring an additional 696 shares during the period. EWA LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 9.2% in the 4th quarter. EWA LLC now owns 115,354 shares of the company’s stock valued at $9,269,000 after acquiring an additional 9,725 shares during the period. Finally, White Pine Investment CO raised its stake in iShares MSCI USA Min Vol Factor ETF by 0.4% in the 4th quarter. White Pine Investment CO now owns 152,434 shares of the company’s stock valued at $11,894,000 after acquiring an additional 668 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV traded up $0.06 during trading hours on Friday, reaching $82.87. The company’s stock had a trading volume of 1,156,090 shares. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The company’s 50-day moving average is $82.10 and its 200-day moving average is $80.67. The firm has a market cap of $24.28 billion, a PE ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding USMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report).

Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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