Win Advisors Inc. Takes Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Win Advisors Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 96,724 shares of the company’s stock, valued at approximately $8,588,000. iShares MSCI USA Min Vol Factor ETF makes up approximately 4.2% of Win Advisors Inc.’s holdings, making the stock its 11th largest position.

A number of other large investors also recently added to or reduced their stakes in USMV. LPL Financial LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after purchasing an additional 346,414 shares during the period. World Investment Advisors LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 343.1% in the 3rd quarter. World Investment Advisors LLC now owns 224,878 shares of the company’s stock worth $20,534,000 after purchasing an additional 174,130 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth $15,482,000. Avidian Wealth Enterprises LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 2,578.5% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 173,645 shares of the company’s stock worth $15,856,000 after purchasing an additional 167,162 shares during the period. Finally, OVERSEA CHINESE BANKING Corp Ltd purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth $12,199,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.2 %

Shares of BATS:USMV opened at $92.39 on Wednesday. The stock has a market cap of $27.07 billion, a PE ratio of 25.30 and a beta of 0.59. The company’s fifty day moving average is $90.90 and its 200 day moving average is $90.46. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week 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.