Marino Stram & Associates LLC Acquires 825 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Marino Stram & Associates LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 35,363 shares of the company’s stock after purchasing an additional 825 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 0.7% of Marino Stram & Associates LLC’s portfolio, making the stock its 26th largest position. Marino Stram & Associates LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,140,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. SpiderRock Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $629,000. EdgeRock Capital LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% during the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after acquiring an additional 3,371 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock worth $57,937,000 after acquiring an additional 43,846 shares during the period. Thrivent Financial for Lutherans lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock worth $19,494,000 after acquiring an additional 1,785 shares during the period. Finally, Gateway Wealth Partners LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% during the 2nd quarter. Gateway Wealth Partners LLC now owns 50,033 shares of the company’s stock worth $4,201,000 after acquiring an additional 2,304 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 2.3 %

Shares of USMV stock opened at $90.66 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The company has a market capitalization of $26.56 billion, a P/E ratio of 25.30 and a beta of 0.59. The firm has a 50-day moving average price of $91.04 and a 200 day moving average price of $90.07.

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.