Market Street Wealth Management Advisors LLC Buys 2,418 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Market Street Wealth Management Advisors LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 118,210 shares of the company’s stock after purchasing an additional 2,418 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises 2.2% of Market Street Wealth Management Advisors LLC’s holdings, making the stock its 14th largest holding. Market Street Wealth Management Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $8,787,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Avaii Wealth Management LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% during the first quarter. Avaii Wealth Management LLC now owns 12,017 shares of the company’s stock worth $874,000 after purchasing an additional 150 shares in the last quarter. Claro Advisors LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 2.2% in the first quarter. Claro Advisors LLC now owns 7,102 shares of the company’s stock valued at $517,000 after buying an additional 153 shares during the last quarter. Granite Bay Wealth Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 2.2% in the first quarter. Granite Bay Wealth Management LLC now owns 8,026 shares of the company’s stock worth $584,000 after acquiring an additional 169 shares in the last quarter. Cox Capital Mgt LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 3.6% in the first quarter. Cox Capital Mgt LLC now owns 5,029 shares of the company’s stock worth $366,000 after acquiring an additional 176 shares in the last quarter. Finally, Personal Capital Advisors Corp grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.8% during the first quarter. Personal Capital Advisors Corp now owns 2,770 shares of the company’s stock worth $215,000 after acquiring an additional 176 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.2 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $74.96 on Tuesday. The company has a 50 day moving average price of $74.80 and a 200 day moving average price of $73.36. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The firm has a market capitalization of $28.75 billion, a P/E ratio of 20.17 and a beta of 0.75.

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.