Ade LLC Raises Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Ade LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 103,392 shares of the company’s stock after purchasing an additional 813 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises 5.6% of Ade LLC’s portfolio, making the stock its 6th biggest holding. Ade LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $8,068,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of Montreal Can increased its stake in iShares MSCI USA Min Vol Factor ETF by 7.8% in the 1st quarter. Bank of Montreal Can now owns 8,253 shares of the company’s stock worth $646,000 after acquiring an additional 594 shares during the last quarter. Blair William & Co. IL increased its stake in iShares MSCI USA Min Vol Factor ETF by 1.7% in the 1st quarter. Blair William & Co. IL now owns 95,612 shares of the company’s stock worth $7,417,000 after acquiring an additional 1,612 shares during the last quarter. AJ Wealth Strategies LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 4.4% in the 1st quarter. AJ Wealth Strategies LLC now owns 1,348,690 shares of the company’s stock worth $104,618,000 after acquiring an additional 57,434 shares during the last quarter. Founders Financial Securities LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 27.0% in the 1st quarter. Founders Financial Securities LLC now owns 88,779 shares of the company’s stock worth $6,887,000 after acquiring an additional 18,853 shares during the last quarter. Finally, West Michigan Advisors LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 6.1% in the 1st quarter. West Michigan Advisors LLC now owns 12,575 shares of the company’s stock worth $975,000 after acquiring an additional 719 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV traded up $0.10 during trading hours on Thursday, reaching $80.02. The stock had a trading volume of 2,565,928 shares. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The company has a 50 day moving average price of $81.72 and a two-hundred day moving average price of $78.02. The stock has a market capitalization of $23.40 billion, a PE ratio of 25.31 and a beta of 0.59.

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.