Diversify Advisory Services LLC Has $7.36 Million Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Diversify Advisory Services LLC boosted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 83,992 shares of the company’s stock after acquiring an additional 1,046 shares during the period. Diversify Advisory Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,364,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Diversify Wealth Management LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 23.9% in the fourth quarter. Diversify Wealth Management LLC now owns 4,024 shares of the company’s stock valued at $353,000 after buying an additional 777 shares in the last quarter. Client 1ST Advisory Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $861,000. HB Wealth Management LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 16.6% in the 4th quarter. HB Wealth Management LLC now owns 20,711 shares of the company’s stock valued at $1,839,000 after acquiring an additional 2,948 shares in the last quarter. Merit Financial Group LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 9.5% during the 4th quarter. Merit Financial Group LLC now owns 76,827 shares of the company’s stock valued at $6,821,000 after purchasing an additional 6,660 shares during the last quarter. Finally, Saxon Interests Inc. increased its holdings in iShares MSCI USA Min Vol Factor ETF by 0.9% during the 4th quarter. Saxon Interests Inc. now owns 17,791 shares of the company’s stock worth $1,580,000 after purchasing an additional 165 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 1.4 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $89.87 on Monday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The business has a 50 day moving average price of $91.16 and a 200-day moving average price of $89.98. The company has a market cap of $26.33 billion, a PE ratio of 25.30 and a beta of 0.59.

About iShares MSCI USA Min Vol Factor ETF

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.