Ameritas Advisory Services LLC Purchases 22,223 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Ameritas Advisory Services LLC increased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 31.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 91,876 shares of the company’s stock after purchasing an additional 22,223 shares during the quarter. Ameritas Advisory Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $8,389,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of USMV. Headlands Technologies LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth $30,000. Gleason Group Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth $32,000. Hantz Financial Services Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth $33,000. Strategic Financial Concepts LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth $35,000. Finally, Fortitude Family Office LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth $38,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock traded down $0.03 during midday trading on Tuesday, reaching $89.94. The stock had a trading volume of 1,222,787 shares. The stock has a market cap of $26.35 billion, a PE ratio of 25.30 and a beta of 0.59. The firm has a fifty day simple moving average of $91.13 and a two-hundred day simple moving average of $86.76. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week 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.