Valeo Financial Advisors LLC Has $255,000 Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Valeo Financial Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 13.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,789 shares of the company’s stock after buying an additional 332 shares during the period. Valeo Financial Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $255,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Sage Capital Advisors llc increased its stake in iShares MSCI USA Min Vol Factor ETF by 2.4% in the second quarter. Sage Capital Advisors llc now owns 5,331 shares of the company’s stock valued at $448,000 after acquiring an additional 123 shares during the last quarter. Independence Bank of Kentucky increased its stake in iShares MSCI USA Min Vol Factor ETF by 2.4% in the second quarter. Independence Bank of Kentucky now owns 5,252 shares of the company’s stock valued at $441,000 after acquiring an additional 125 shares during the last quarter. Beaumont Financial Advisors LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 2.7% in the third quarter. Beaumont Financial Advisors LLC now owns 4,879 shares of the company’s stock valued at $445,000 after acquiring an additional 128 shares during the last quarter. New World Advisors LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 3.9% in the second quarter. New World Advisors LLC now owns 3,447 shares of the company’s stock valued at $289,000 after acquiring an additional 130 shares during the last quarter. Finally, GW Henssler & Associates Ltd. increased its stake in iShares MSCI USA Min Vol Factor ETF by 1.3% in the first quarter. GW Henssler & Associates Ltd. now owns 10,850 shares of the company’s stock valued at $907,000 after acquiring an additional 135 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $92.24 on Wednesday. The company’s 50 day simple moving average is $90.28 and its 200 day simple moving average is $85.77. The stock has a market capitalization of $27.03 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45.

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.