Ade LLC Buys 813 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Ade LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 103,392 shares of the company’s stock after buying an additional 813 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up approximately 5.6% of Ade LLC’s investment portfolio, making the stock its 6th largest holding. Ade LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $8,068,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in USMV. Moneta Group Investment Advisors LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 140,054.1% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,961,456 shares of the company’s stock worth $790,321,000 after purchasing an additional 10,953,635 shares during the period. FMR LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 51.5% during the 3rd quarter. FMR LLC now owns 26,644,002 shares of the company’s stock worth $1,928,493,000 after acquiring an additional 9,059,409 shares in the last quarter. Allstate Investment Management Co. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $308,588,000. Catalyst Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $259,275,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $246,963,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.1 %

Shares of BATS:USMV traded up $0.10 during trading on Thursday, hitting $80.02. 2,565,928 shares of the stock were exchanged. The company has a fifty day moving average price of $81.72 and a two-hundred day moving average price of $78.02. The company has a market cap of $23.40 billion, a PE ratio of 25.31 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month 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.