Icon Wealth Advisors LLC Has $1.09 Million Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Icon Wealth Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 14.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,976 shares of the company’s stock after acquiring an additional 1,501 shares during the period. Icon Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,094,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1.1% during the 3rd quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock worth $913,000 after purchasing an additional 111 shares in the last quarter. Asset Dedication LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during the 3rd quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock valued at $765,000 after acquiring an additional 121 shares in the last quarter. Sensible Money LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 1.4% during the 3rd quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock worth $797,000 after acquiring an additional 121 shares during the last quarter. Sage Capital Advisors llc grew its position in iShares MSCI USA Min Vol Factor ETF by 2.4% during the 2nd quarter. Sage Capital Advisors llc now owns 5,331 shares of the company’s stock worth $448,000 after acquiring an additional 123 shares during the last quarter. Finally, Foster Victor Wealth Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 4.8% in the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock worth $244,000 after purchasing an additional 123 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.5 %

Shares of USMV stock opened at $93.46 on Friday. The firm has a market capitalization of $27.38 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The business’s 50-day moving average price is $91.60 and its 200-day moving average price is $87.70. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month 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.