Win Advisors Inc. Invests $8.59 Million in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Win Advisors Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 96,724 shares of the company’s stock, valued at approximately $8,588,000. iShares MSCI USA Min Vol Factor ETF makes up about 4.2% of Win Advisors Inc.’s portfolio, making the stock its 11th largest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in USMV. LPL Financial LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after purchasing an additional 346,414 shares in the last quarter. World Investment Advisors LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 343.1% in the 3rd quarter. World Investment Advisors LLC now owns 224,878 shares of the company’s stock worth $20,534,000 after purchasing an additional 174,130 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $15,482,000. Avidian Wealth Enterprises LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 2,578.5% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 173,645 shares of the company’s stock worth $15,856,000 after purchasing an additional 167,162 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $12,199,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $92.39 on Wednesday. The company has a 50-day simple moving average of $90.90 and a two-hundred day simple moving average of $90.46. The company has a market capitalization of $27.07 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45.

iShares MSCI USA Min Vol Factor ETF 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.