AdvisorNet Financial Inc Has $528,000 Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

AdvisorNet Financial Inc boosted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,947 shares of the company’s stock after buying an additional 450 shares during the quarter. AdvisorNet Financial Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $528,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of USMV. Granite Bay Wealth Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $259,000. Courier Capital LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 110.3% in the 4th quarter. Courier Capital LLC now owns 6,145 shares of the company’s stock worth $546,000 after purchasing an additional 3,223 shares in the last quarter. Claro Advisors LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 2.4% in the fourth quarter. Claro Advisors LLC now owns 12,879 shares of the company’s stock valued at $1,144,000 after purchasing an additional 302 shares during the last quarter. Fragasso Financial Advisors Inc boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 8.4% during the fourth quarter. Fragasso Financial Advisors Inc now owns 459,752 shares of the company’s stock valued at $40,821,000 after purchasing an additional 35,690 shares in the last quarter. Finally, Fiduciary Alliance LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $235,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $89.18 on Thursday. The business has a 50 day moving average of $91.29 and a 200-day moving average of $89.86. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The company has a market capitalization of $26.13 billion, a P/E ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF 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.