B. Riley Wealth Advisors Inc. Has $3.02 Million Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

B. Riley Wealth Advisors Inc. lowered its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,128 shares of the company’s stock after selling 2,395 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,015,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of USMV. Gradient Investments LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 49,700.0% during the second quarter. Gradient Investments LLC now owns 498 shares of the company’s stock worth $42,000 after purchasing an additional 497 shares during the period. SeaCrest Wealth Management LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 39.8% during the second quarter. SeaCrest Wealth Management LLC now owns 4,445 shares of the company’s stock worth $373,000 after purchasing an additional 1,266 shares during the period. Focus Financial Network Inc. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 3.1% during the second quarter. Focus Financial Network Inc. now owns 44,876 shares of the company’s stock worth $3,895,000 after buying an additional 1,359 shares in the last quarter. Enzi Wealth grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.1% during the second quarter. Enzi Wealth now owns 131,095 shares of the company’s stock worth $11,028,000 after buying an additional 1,452 shares in the last quarter. Finally, Flagship Private Wealth LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.7% during the second quarter. Flagship Private Wealth LLC now owns 114,336 shares of the company’s stock worth $9,600,000 after buying an additional 6,142 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $91.66 on Monday. The company has a market cap of $26.86 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The stock has a 50-day simple moving average of $92.34 and a 200 day simple moving average of $88.91.

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.