iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Acquired by Arkadios Wealth Advisors

Arkadios Wealth Advisors increased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 447.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 61,703 shares of the company’s stock after acquiring an additional 50,434 shares during the quarter. Arkadios Wealth Advisors’ holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,779,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Brown Advisory Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 8.9% in the 1st quarter. Brown Advisory Inc. now owns 16,950 shares of the company’s stock valued at $1,588,000 after buying an additional 1,387 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 102.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock valued at $620,423,000 after buying an additional 3,352,591 shares during the last quarter. DAVENPORT & Co LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 8.0% in the 1st quarter. DAVENPORT & Co LLC now owns 4,395 shares of the company’s stock valued at $412,000 after buying an additional 324 shares during the last quarter. Kirtland Hills Capital Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth $522,000. Finally, Geneos Wealth Management Inc. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 15.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 636,926 shares of the company’s stock worth $59,655,000 after purchasing an additional 82,923 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV opened at $93.73 on Wednesday. The firm has a market capitalization of $23.92 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12. The company’s fifty day moving average is $93.14 and its two-hundred day moving average is $92.27.

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.