Silver Oak Securities Incorporated Buys 11,535 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Silver Oak Securities Incorporated boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 57.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,510 shares of the company’s stock after acquiring an additional 11,535 shares during the period. Silver Oak Securities Incorporated’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,869,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of USMV. Cetera Investment Advisers increased its stake in iShares MSCI USA Min Vol Factor ETF by 270.9% in the 1st quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock worth $158,465,000 after acquiring an additional 1,384,833 shares during the last quarter. Dynasty Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the first quarter worth $83,046,000. Carrera Capital Advisors purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at $33,148,000. Symmetry Partners LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 75.6% during the second quarter. Symmetry Partners LLC now owns 769,232 shares of the company’s stock valued at $64,585,000 after purchasing an additional 331,096 shares in the last quarter. Finally, Granite Bay Wealth Management LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 5,487.5% during the second quarter. Granite Bay Wealth Management LLC now owns 331,843 shares of the company’s stock valued at $27,303,000 after purchasing an additional 325,904 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.4 %

iShares MSCI USA Min Vol Factor ETF stock opened at $91.57 on Friday. The company’s 50-day moving average price is $91.02 and its 200-day moving average price is $86.20. The company has a market cap of $26.83 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45.

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.