Milestones Private Investment Advisors LLC Buys New Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Milestones Private Investment Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,194 shares of the company’s stock, valued at approximately $1,708,000. iShares MSCI USA Min Vol Factor ETF comprises approximately 1.3% of Milestones Private Investment Advisors LLC’s investment portfolio, making the stock its 25th biggest position.

Other institutional investors have also modified their holdings of the company. Bank of Montreal Can raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 9.9% during the 2nd quarter. Bank of Montreal Can now owns 44,819 shares of the company’s stock worth $4,207,000 after purchasing an additional 4,045 shares during the last quarter. Accurate Wealth Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at approximately $203,000. Symmetry Partners LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 10.1% in the second quarter. Symmetry Partners LLC now owns 263,164 shares of the company’s stock valued at $24,703,000 after acquiring an additional 24,219 shares in the last quarter. Allworth Financial LP boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 30.1% in the second quarter. Allworth Financial LP now owns 78,585 shares of the company’s stock worth $7,377,000 after acquiring an additional 18,167 shares during the last quarter. Finally, MinichMacGregor Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth approximately $283,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $94.59 on Monday. The business has a fifty day moving average price of $94.09 and a 200 day moving average price of $93.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12. The company has a market cap of $24.14 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.