Envestnet Asset Management Inc. Acquires 978,715 Shares of iShares Edge MSCI Min Vol USA ETF (BATS:USMV)

Envestnet Asset Management Inc. increased its holdings in iShares Edge MSCI Min Vol USA ETF (BATS:USMV) by 7.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,850,409 shares of the company’s stock after buying an additional 978,715 shares during the period. iShares Edge MSCI Min Vol USA ETF accounts for 1.1% of Envestnet Asset Management Inc.’s investment portfolio, making the stock its 17th biggest position. Envestnet Asset Management Inc.’s holdings in iShares Edge MSCI Min Vol USA ETF were worth $854,986,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in USMV. Raymond James & Associates boosted its holdings in iShares Edge MSCI Min Vol USA ETF by 47.8% in the 1st quarter. Raymond James & Associates now owns 20,470,188 shares of the company’s stock worth $1,203,648,000 after buying an additional 6,620,254 shares during the period. Ellis Investment Partners LLC boosted its holdings in iShares Edge MSCI Min Vol USA ETF by 7,154.4% in the 1st quarter. Ellis Investment Partners LLC now owns 3,210,161 shares of the company’s stock valued at $3,210,000 after purchasing an additional 3,165,910 shares during the period. BlackRock Inc. boosted its holdings in iShares Edge MSCI Min Vol USA ETF by 35.7% in the 1st quarter. BlackRock Inc. now owns 10,114,513 shares of the company’s stock valued at $594,733,000 after purchasing an additional 2,662,981 shares during the period. Brookstone Capital Management boosted its holdings in iShares Edge MSCI Min Vol USA ETF by 51.3% in the 2nd quarter. Brookstone Capital Management now owns 3,355,266 shares of the company’s stock valued at $207,121,000 after purchasing an additional 1,138,313 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in iShares Edge MSCI Min Vol USA ETF by 22.5% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 5,543,748 shares of the company’s stock valued at $325,974,000 after purchasing an additional 1,018,847 shares during the period.

BATS:USMV traded up $0.38 during trading hours on Thursday, hitting $62.28. The stock had a trading volume of 4,230,796 shares. The business’s 50 day moving average price is $62.83. iShares Edge MSCI Min Vol USA ETF has a one year low of $47.44 and a one year high of $55.45.

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

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