Eqis Capital Management Inc. Buys New Holdings in iShares Edge MSCI Min Vol USA ETF (BATS:USMV)

Eqis Capital Management Inc. bought a new stake in iShares Edge MSCI Min Vol USA ETF (BATS:USMV) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 105,838 shares of the company’s stock, valued at approximately $6,784,000. iShares Edge MSCI Min Vol USA ETF comprises about 0.6% of Eqis Capital Management Inc.’s holdings, making the stock its 23rd largest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of USMV. Envestnet Asset Management Inc. increased its position in iShares Edge MSCI Min Vol USA ETF by 40.7% during the third quarter. Envestnet Asset Management Inc. now owns 19,483,239 shares of the company’s stock worth $1,248,876,000 after buying an additional 5,632,830 shares during the period. Keybank National Association OH increased its position in iShares Edge MSCI Min Vol USA ETF by 37,639.7% during the third quarter. Keybank National Association OH now owns 3,889,450 shares of the company’s stock worth $249,314,000 after buying an additional 3,879,144 shares during the period. Bank of America Corp DE increased its holdings in shares of iShares Edge MSCI Min Vol USA ETF by 9.3% in the second quarter. Bank of America Corp DE now owns 32,818,048 shares of the company’s stock valued at $2,025,858,000 after purchasing an additional 2,801,805 shares during the period. Wells Fargo & Company MN increased its holdings in shares of iShares Edge MSCI Min Vol USA ETF by 17.5% in the second quarter. Wells Fargo & Company MN now owns 12,640,829 shares of the company’s stock valued at $780,319,000 after purchasing an additional 1,878,353 shares during the period. Finally, Morgan Stanley increased its holdings in shares of iShares Edge MSCI Min Vol USA ETF by 14.4% in the second quarter. Morgan Stanley now owns 12,682,854 shares of the company’s stock valued at $782,913,000 after purchasing an additional 1,600,134 shares during the period.

Shares of BATS:USMV traded up $0.15 during trading on Tuesday, reaching $63.53. The company had a trading volume of 407,249 shares. The stock’s fifty day moving average price is $63.75 and its 200 day moving average price is $62.41. iShares Edge MSCI Min Vol USA ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45.

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Institutional Ownership by Quarter for iShares Edge MSCI Min Vol USA ETF (BATS:USMV)

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