Manning & Napier Advisors LLC Acquires New Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Manning & Napier Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 166,771 shares of the company’s stock, valued at approximately $14,002,000.

Other large investors have also made changes to their positions in the company. Optiver Holding B.V. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 100.0% during the fourth quarter. Optiver Holding B.V. now owns 1,758 shares of the company’s stock valued at $137,000 after purchasing an additional 7,664,300 shares during the period. Cetera Investment Advisers lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 270.9% during the first quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock valued at $158,465,000 after purchasing an additional 1,384,833 shares in the last quarter. Dynasty Wealth Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter worth approximately $83,046,000. Quotient Wealth Partners LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $60,025,000. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 31.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,170,418 shares of the company’s stock worth $264,984,000 after purchasing an additional 755,493 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.3 %

Shares of USMV traded up $0.22 during trading hours on Friday, reaching $86.82. 1,753,467 shares of the stock traded hands. The company has a market cap of $25.44 billion, a P/E ratio of 25.30 and a beta of 0.59. The company’s 50-day moving average price is $84.65 and its two-hundred day moving average price is $82.66. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week 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.