Salem Investment Counselors Inc. Has $163,000 Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Salem Investment Counselors Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 30.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,953 shares of the company’s stock after purchasing an additional 456 shares during the period. Salem Investment Counselors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $163,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Raymond James & Associates raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the fourth quarter. Raymond James & Associates now owns 16,080,799 shares of the company’s stock valued at $1,254,785,000 after purchasing an additional 122,005 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 16.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 7,172,429 shares of the company’s stock valued at $519,140,000 after purchasing an additional 1,000,764 shares during the last quarter. Alaska Permanent Fund Corp raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.4% in the first quarter. Alaska Permanent Fund Corp now owns 3,947,820 shares of the company’s stock valued at $329,959,000 after purchasing an additional 167,538 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $216,845,000. Finally, Royal Bank of Canada grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 8.5% in the third quarter. Royal Bank of Canada now owns 2,160,468 shares of the company’s stock valued at $156,374,000 after buying an additional 169,443 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.0 %

BATS:USMV opened at $84.13 on Monday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The firm has a fifty day simple moving average of $82.32 and a 200 day simple moving average of $80.96. The stock has a market capitalization of $24.65 billion, a PE ratio of 25.30 and a beta of 0.59.

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.