Lester Murray Antman dba SimplyRich Has $20.05 Million Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Lester Murray Antman dba SimplyRich lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 210,695 shares of the company’s stock after selling 8,280 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 5.4% of Lester Murray Antman dba SimplyRich’s investment portfolio, making the stock its 3rd biggest holding. Lester Murray Antman dba SimplyRich owned 0.08% of iShares MSCI USA Min Vol Factor ETF worth $20,045,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in USMV. Raymond James Financial Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 1.5% during the 2nd quarter. Raymond James Financial Inc. now owns 13,315,040 shares of the company’s stock valued at $1,249,883,000 after acquiring an additional 191,453 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,675,665 shares of the company’s stock valued at $628,581,000 after purchasing an additional 51,463 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% during the second quarter. Envestnet Asset Management Inc. now owns 4,686,964 shares of the company’s stock valued at $439,962,000 after purchasing an additional 81,787 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 18.5% during the second quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock valued at $271,634,000 after purchasing an additional 452,184 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in 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 worth $206,734,000 after purchasing an additional 16,746 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.1%

Shares of USMV opened at $94.08 on Friday. The firm has a market capitalization of $24.01 billion, a PE ratio of 22.90 and a beta of 0.72. The firm has a 50-day moving average price of $94.00 and a 200 day moving average price of $93.74. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 and a 52-week high of $95.12.

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.