Quotient Wealth Partners LLC Buys 15,821 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Quotient Wealth Partners LLC increased its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,000,897 shares of the company’s stock after acquiring an additional 15,821 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises about 3.0% of Quotient Wealth Partners LLC’s holdings, making the stock its 11th largest holding. Quotient Wealth Partners LLC owned approximately 0.34% of iShares MSCI USA Min Vol Factor ETF worth $91,392,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the business. Raymond James & Associates increased its holdings in iShares MSCI USA Min Vol Factor ETF by 0.9% during the 2nd quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock valued at $1,351,398,000 after purchasing an additional 146,632 shares during the period. Alaska Permanent Fund Corp increased its holdings in iShares MSCI USA Min Vol Factor ETF by 4.4% during the 1st 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 period. Catalyst Capital Advisors LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% during the 2nd quarter. Catalyst Capital Advisors LLC now owns 3,658,707 shares of the company’s stock worth $307,185,000 after acquiring an additional 182,050 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock worth $268,843,000 after acquiring an additional 31,625 shares during the period. Finally, Cetera Investment Advisers grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 270.9% during the 1st quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock worth $158,465,000 after acquiring an additional 1,384,833 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.9 %

Shares of USMV stock traded up $0.79 during midday trading on Thursday, reaching $91.63. 1,699,897 shares of the stock were exchanged. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The company’s 50 day moving average is $89.72 and its two-hundred day moving average is $85.46. The firm has a market cap of $26.85 billion, a PE ratio of 25.30 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.