Orion Portfolio Solutions LLC Increases Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Orion Portfolio Solutions LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,755 shares of the company’s stock after purchasing an additional 212 shares during the period. Orion Portfolio Solutions LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,595,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of USMV. Raymond James Financial Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $1,176,338,000. LPL Financial LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 6.1% in the fourth quarter. LPL Financial LLC now owns 5,685,914 shares of the company’s stock valued at $504,852,000 after buying an additional 328,291 shares during the last quarter. Millburn Ridgefield Corp boosted its stake in iShares MSCI USA Min Vol Factor ETF by 5.2% during the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after buying an additional 180,849 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the fourth 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 last quarter. Finally, Assetmark Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% in the 4th quarter. Assetmark Inc. now owns 1,606,337 shares of the company’s stock valued at $142,627,000 after acquiring an additional 10,270 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $92.75 on Monday. iShares MSCI USA Min Vol Factor ETF has a one year low of $79.69 and a one year high of $95.12. The firm’s 50 day moving average price is $92.67 and its 200-day moving average price is $91.77. The firm has a market cap of $24.21 billion, a P/E ratio of 24.03 and a beta of 0.77.

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.