Delos Wealth Advisors LLC Raises Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Delos Wealth Advisors LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 30.8% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 24,190 shares of the company’s stock after purchasing an additional 5,702 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for about 2.0% of Delos Wealth Advisors LLC’s holdings, making the stock its 22nd biggest holding. Delos Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,031,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Optiver Holding B.V. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 100.0% during the fourth quarter. Optiver Holding B.V. now owns 1,758 shares of the company’s stock valued at $137,000 after buying an additional 7,664,300 shares during the period. Cetera Investment Advisers raised its stake in iShares MSCI USA Min Vol Factor ETF by 270.9% in the first quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock worth $158,465,000 after buying an additional 1,384,833 shares in the last quarter. Dynasty Wealth Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter worth about $83,046,000. Wealth Enhancement Advisory Services LLC lifted its holdings in 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 worth $264,984,000 after buying an additional 755,493 shares during the period. Finally, Symmetry Partners LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 75.6% during the 2nd quarter. Symmetry Partners LLC now owns 769,232 shares of the company’s stock worth $64,585,000 after acquiring an additional 331,096 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.0 %

USMV opened at $91.29 on Friday. The company has a market cap of $26.75 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The stock has a fifty day simple moving average of $88.54 and a two-hundred day simple moving average of $84.73. 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.