Manning & Napier Advisors LLC Invests $14 Million in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Manning & Napier Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 166,771 shares of the company’s stock, valued at approximately $14,002,000. Manning & Napier Advisors LLC owned about 0.06% of iShares MSCI USA Min Vol Factor ETF as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Optiver Holding B.V. grew its position in iShares MSCI USA Min Vol Factor ETF by 100.0% in the 4th quarter. Optiver Holding B.V. now owns 1,758 shares of the company’s stock worth $137,000 after purchasing an additional 7,664,300 shares during the last quarter. Cetera Investment Advisers grew its position 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 purchasing an additional 1,384,833 shares during the last quarter. Dynasty Wealth Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth about $83,046,000. Quotient Wealth Partners LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $60,025,000. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 31.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,170,418 shares of the company’s stock valued at $264,984,000 after acquiring an additional 755,493 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock traded up $0.22 on Friday, hitting $86.82. The company had a trading volume of 1,753,467 shares. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The company has a market cap of $25.44 billion, a PE ratio of 25.30 and a beta of 0.59. The business has a 50-day simple moving average of $84.65 and a 200-day simple moving average of $82.66.

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.