SeaCrest Wealth Management LLC Has $373,000 Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

SeaCrest Wealth Management LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 39.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,445 shares of the company’s stock after purchasing an additional 1,266 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $373,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of USMV. Cherry Tree Wealth Management LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the fourth quarter. Cherry Tree Wealth Management LLC now owns 17,305 shares of the company’s stock worth $1,350,000 after buying an additional 160 shares in the last quarter. ARS Wealth Advisors Group LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 4.5% in the fourth quarter. ARS Wealth Advisors Group LLC now owns 511,936 shares of the company’s stock valued at $39,946,000 after purchasing an additional 22,057 shares in the last quarter. EWA LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 9.2% in the fourth quarter. EWA LLC now owns 115,354 shares of the company’s stock valued at $9,269,000 after purchasing an additional 9,725 shares in the last quarter. Criterion Capital Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $42,000. Finally, Camden National Bank grew its stake in iShares MSCI USA Min Vol Factor ETF by 3.7% in the fourth quarter. Camden National Bank now owns 61,741 shares of the company’s stock valued at $4,818,000 after purchasing an additional 2,188 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.1 %

Shares of USMV traded up $0.07 during mid-day trading on Wednesday, reaching $89.52. The company’s stock had a trading volume of 1,712,275 shares. The stock has a market cap of $26.23 billion, a P/E ratio of 25.30 and a beta of 0.59. The business has a 50-day simple moving average of $85.47 and a two-hundred day simple moving average of $83.16. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year 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.