Kestra Advisory Services LLC Buys 49,300 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Kestra Advisory Services LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 329,668 shares of the company’s stock after acquiring an additional 49,300 shares during the period. Kestra Advisory Services LLC owned about 0.13% of iShares MSCI USA Min Vol Factor ETF worth $30,573,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Morgan Stanley raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.2% in the fourth quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock valued at $1,434,701,000 after buying an additional 465,870 shares during the period. Bank of America Corp DE increased its holdings in iShares MSCI USA Min Vol Factor ETF by 0.7% in the 3rd quarter. Bank of America Corp DE now owns 13,794,595 shares of the company’s stock worth $1,312,418,000 after acquiring an additional 98,221 shares during the last quarter. Raymond James Financial Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 1.9% in the 4th quarter. Raymond James Financial Inc. now owns 13,773,118 shares of the company’s stock valued at $1,296,877,000 after acquiring an additional 251,970 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 2.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,977,742 shares of the company’s stock valued at $659,752,000 after acquiring an additional 145,843 shares during the period. Finally, Catalyst Capital Advisors LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 13.0% during the first quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock valued at $393,458,000 after purchasing an additional 489,637 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV traded up $0.16 on Friday, reaching $97.76. 1,808,736 shares of the company’s stock were exchanged, compared to its average volume of 2,501,746. The firm has a market cap of $24.95 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The stock has a fifty day simple moving average of $95.84 and a 200-day simple moving average of $95.10. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $98.73.

iShares MSCI USA Min Vol Factor ETF Company 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.