Stokes Family Office LLC Raises Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Stokes Family Office LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 50.0% in the second quarter, Holdings Channel reports. The institutional investor owned 4,036 shares of the company’s stock after acquiring an additional 1,345 shares during the period. Stokes Family Office LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $379,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. International Assets Investment Management LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 0.7% during the second quarter. International Assets Investment Management LLC now owns 15,132 shares of the company’s stock valued at $1,420,000 after purchasing an additional 110 shares in the last quarter. Key Financial Inc lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.6% during the first quarter. Key Financial Inc now owns 1,794 shares of the company’s stock valued at $168,000 after buying an additional 111 shares during the last quarter. Asset Dedication LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% during the first quarter. Asset Dedication LLC now owns 8,489 shares of the company’s stock valued at $795,000 after buying an additional 112 shares during the last quarter. Sensible Money LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% in the 1st quarter. Sensible Money LLC now owns 8,839 shares of the company’s stock valued at $828,000 after buying an additional 112 shares in the last quarter. Finally, KPP Advisory Services LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.9% in the 2nd quarter. KPP Advisory Services LLC now owns 4,167 shares of the company’s stock worth $391,000 after buying an additional 118 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.9%

BATS USMV opened at $92.95 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $83.99 and a 52 week high of $95.12. The company has a 50 day moving average price of $94.11 and a 200 day moving average price of $93.41. The firm has a market cap of $23.72 billion, a PE ratio of 22.90 and a beta of 0.72.

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.