Financial Advocates Investment Management Invests $14.73 Million in iShares Trust (BATS:USMV)

Financial Advocates Investment Management purchased a new position in iShares Trust (BATS:USMV) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 279,048 shares of the company’s stock, valued at approximately $14,728,000. iShares Trust makes up about 2.0% of Financial Advocates Investment Management’s portfolio, making the stock its 5th biggest holding.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in USMV. MCF Advisors LLC raised its position in shares of iShares Trust by 5.6% during the 4th quarter. MCF Advisors LLC now owns 22,095 shares of the company’s stock worth $1,166,000 after purchasing an additional 1,168 shares during the period. D.A. Davidson & CO. grew its holdings in iShares Trust by 3.4% in the 4th quarter. D.A. Davidson & CO. now owns 36,708 shares of the company’s stock worth $1,937,000 after buying an additional 1,193 shares in the last quarter. Symmetry Partners LLC grew its holdings in iShares Trust by 2.6% in the 4th quarter. Symmetry Partners LLC now owns 55,509 shares of the company’s stock worth $2,930,000 after buying an additional 1,397 shares in the last quarter. Partnervest Advisory Services LLC boosted its stake in iShares Trust by 1.0% during the 4th quarter. Partnervest Advisory Services LLC now owns 146,491 shares of the company’s stock valued at $7,732,000 after purchasing an additional 1,403 shares in the last quarter. Finally, M Holdings Securities Inc. boosted its stake in iShares Trust by 14.6% during the 4th quarter. M Holdings Securities Inc. now owns 11,379 shares of the company’s stock valued at $543,000 after purchasing an additional 1,452 shares in the last quarter.

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Shares of BATS USMV opened at $51.49 on Friday. iShares Trust has a 1 year low of $47.44 and a 1 year high of $55.45.

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Institutional Ownership by Quarter for iShares Trust (BATS:USMV)

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