New England Private Wealth Advisors LLC Buys 9,040 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

New England Private Wealth Advisors LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 108,944 shares of the company’s stock after acquiring an additional 9,040 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for 1.5% of New England Private Wealth Advisors LLC’s portfolio, making the stock its 20th largest position. New England Private Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,673,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Stonebridge Financial Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $28,000. AlphaMark Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $30,000. Valued Wealth Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $30,000. Sound Income Strategies LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 65.0% in the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after acquiring an additional 143 shares in the last quarter. Finally, Crews Bank & Trust purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $46,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 3.7 %

Shares of USMV opened at $91.90 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The stock has a fifty day moving average price of $91.71 and a 200-day moving average price of $91.58. The firm has a market cap of $23.35 billion, a PE ratio of 24.43 and a beta of 0.79.

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.