Money Concepts Capital Corp Purchases 436 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Money Concepts Capital Corp lifted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 122,614 shares of the company’s stock after purchasing an additional 436 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises 0.8% of Money Concepts Capital Corp’s investment portfolio, making the stock its 22nd biggest holding. Money Concepts Capital Corp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,887,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in USMV. PNC Financial Services Group Inc. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock valued at $904,426,000 after buying an additional 91,948 shares in the last quarter. LPL Financial LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after acquiring an additional 346,414 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock valued at $294,542,000 after acquiring an additional 21,739 shares during the period. Cerity Partners LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% during the third quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock worth $194,871,000 after acquiring an additional 17,264 shares in the last quarter. Finally, Financial Advisors LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 1.5% in the third quarter. Financial Advisors LLC now owns 1,109,209 shares of the company’s stock worth $101,282,000 after purchasing an additional 16,576 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 4.2 %

iShares MSCI USA Min Vol Factor ETF stock opened at $92.39 on Wednesday. The business’s fifty day simple moving average is $90.90 and its two-hundred day simple moving average is $90.46. The company has a market capitalization of $27.07 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 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.