Addison Capital Co Takes $1.59 Million Position in iShares MSCI USA Min Vol Factor ETF $USMV

Addison Capital Co purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 17,147 shares of the company’s stock, valued at approximately $1,590,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Morgan Stanley increased its holdings in iShares MSCI USA Min Vol Factor ETF by 3.2% in the 4th quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock worth $1,434,701,000 after purchasing an additional 465,870 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the third quarter. Bank of America Corp DE now owns 13,794,595 shares of the company’s stock worth $1,312,418,000 after purchasing an additional 98,221 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the fourth quarter. Raymond James Financial Inc. now owns 13,773,118 shares of the company’s stock worth $1,296,877,000 after purchasing an additional 251,970 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,977,742 shares of the company’s stock valued at $659,752,000 after buying an additional 145,843 shares during the period. Finally, Catalyst Capital Advisors LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 13.0% in the first quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock valued at $393,458,000 after buying an additional 489,637 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $98.35 on Wednesday. The company has a 50 day simple moving average of $95.60 and a 200 day simple moving average of $95.03. The firm has a market cap of $25.10 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $98.73.

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.