iShares Edge MSCI Min Vol USA ETF (USMV) is Element Pointe Advisors LLC’s 5th Largest Position

Element Pointe Advisors LLC boosted its holdings in shares of iShares Edge MSCI Min Vol USA ETF (BATS:USMV) by 0.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 133,589 shares of the company’s stock after acquiring an additional 1,055 shares during the period. iShares Edge MSCI Min Vol USA ETF comprises 4.7% of Element Pointe Advisors LLC’s portfolio, making the stock its 5th largest holding. Element Pointe Advisors LLC’s holdings in iShares Edge MSCI Min Vol USA ETF were worth $7,855,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE lifted its position in shares of iShares Edge MSCI Min Vol USA ETF by 41.5% during the fourth quarter. Bank of America Corp DE now owns 27,564,770 shares of the company’s stock worth $1,444,394,000 after purchasing an additional 8,082,726 shares in the last quarter. Lunia Capital LP bought a new position in shares of iShares Edge MSCI Min Vol USA ETF during the fourth quarter worth about $13,989,000. Raymond James & Associates grew its position in shares of iShares Edge MSCI Min Vol USA ETF by 4.2% during the fourth quarter. Raymond James & Associates now owns 13,849,934 shares of the company’s stock worth $725,736,000 after acquiring an additional 557,387 shares during the last quarter. Morgan Stanley grew its position in shares of iShares Edge MSCI Min Vol USA ETF by 6.7% during the third quarter. Morgan Stanley now owns 7,493,696 shares of the company’s stock worth $427,440,000 after acquiring an additional 472,154 shares during the last quarter. Finally, BlackRock Inc. grew its position in shares of iShares Edge MSCI Min Vol USA ETF by 14.6% during the fourth quarter. BlackRock Inc. now owns 7,451,532 shares of the company’s stock worth $390,460,000 after acquiring an additional 947,117 shares during the last quarter.

USMV traded up $0.09 on Wednesday, reaching $59.42. The company had a trading volume of 1,367,443 shares. iShares Edge MSCI Min Vol USA ETF has a one year low of $47.44 and a one year high of $55.45.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 21st were paid a dividend of $0.2363 per share. The ex-dividend date was Wednesday, March 20th. This is a positive change from iShares Edge MSCI Min Vol USA ETF’s previous quarterly dividend of $0.03. This represents a $0.95 dividend on an annualized basis and a yield of 1.59%.

TRADEMARK VIOLATION WARNING: “iShares Edge MSCI Min Vol USA ETF (USMV) is Element Pointe Advisors LLC’s 5th Largest Position” was published by Community Financial News and is the sole property of of Community Financial News. If you are accessing this article on another website, it was stolen and republished in violation of US and international trademark & copyright legislation. The correct version of this article can be read at https://www.com-unik.info/2019/04/24/ishares-edge-msci-min-vol-usa-etf-usmv-is-element-pointe-advisors-llcs-5th-largest-position.html.

See Also: What do I need to know about analyst ratings?

Want to see what other hedge funds are holding USMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Edge MSCI Min Vol USA ETF (BATS:USMV).

Institutional Ownership by Quarter for iShares Edge MSCI Min Vol USA ETF (BATS:USMV)

Receive News & Ratings for iShares Edge MSCI Min Vol USA ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Edge MSCI Min Vol USA ETF and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit