OneDigital Investment Advisors LLC Has $27.30 Million Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

OneDigital Investment Advisors LLC reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 298,992 shares of the company’s stock after selling 5,971 shares during the period. OneDigital Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $27,301,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James & Associates increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the second quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock valued at $1,351,398,000 after buying an additional 146,632 shares during the period. Catalyst Capital Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 5.2% during the 2nd quarter. Catalyst Capital Advisors LLC now owns 3,658,707 shares of the company’s stock worth $307,185,000 after purchasing an additional 182,050 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock worth $268,843,000 after purchasing an additional 31,625 shares during the period. Cetera Investment Advisers boosted its stake in shares of 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 valued at $158,465,000 after purchasing an additional 1,384,833 shares during the last quarter. Finally, Financial Advisors LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 1.5% during the third quarter. Financial Advisors LLC now owns 1,109,209 shares of the company’s stock worth $101,282,000 after buying an additional 16,576 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock remained flat at $93.14 during midday trading on Thursday. 1,612,760 shares of the company traded hands. The company’s fifty day moving average price is $91.39 and its two-hundred day moving average price is $87.29. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The firm has a market cap of $27.29 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF Company 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.