Courier Capital LLC Increases Position in iShares MSCI USA Min Vol Factor ETF $USMV

Courier Capital LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 78,024 shares of the company’s stock after buying an additional 6,505 shares during the period. Courier Capital LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,423,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during the second quarter. Raymond James Financial Inc. now owns 13,315,040 shares of the company’s stock worth $1,249,883,000 after purchasing an additional 191,453 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 2.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 6,831,899 shares of the company’s stock valued at $650,670,000 after buying an additional 156,234 shares during the period. Envestnet Asset Management Inc. raised its position in iShares MSCI USA Min Vol Factor ETF by 1.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,686,964 shares of the company’s stock worth $439,962,000 after buying an additional 81,787 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 18.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock worth $271,634,000 after acquiring an additional 452,184 shares during the period. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the second quarter. Commonwealth Equity Services LLC now owns 2,202,341 shares of the company’s stock valued at $206,734,000 after acquiring an additional 16,746 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.6%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.47 on Monday. The firm has a market cap of $24.11 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 and a 52-week high of $95.12. The company’s 50-day simple moving average is $94.31 and its 200-day simple moving average is $93.98.

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.