Brown Advisory Inc. boosted its position in iShares Edge MSCI Min Vol USA ETF (BATS:USMV) by 763.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 98,403 shares of the company’s stock after purchasing an additional 87,010 shares during the quarter. Brown Advisory Inc.’s holdings in iShares Edge MSCI Min Vol USA ETF were worth $5,156,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Duncker Streett & Co. Inc. purchased a new stake in shares of iShares Edge MSCI Min Vol USA ETF during the fourth quarter worth about $25,000. Legacy Bridge LLC purchased a new stake in shares of iShares Edge MSCI Min Vol USA ETF during the fourth quarter worth about $36,000. We Are One Seven LLC purchased a new stake in shares of iShares Edge MSCI Min Vol USA ETF during the fourth quarter worth about $40,000. Prime Capital Investment Advisors LLC purchased a new stake in shares of iShares Edge MSCI Min Vol USA ETF during the fourth quarter worth about $44,000. Finally, JNBA Financial Advisors purchased a new stake in shares of iShares Edge MSCI Min Vol USA ETF during the fourth quarter worth about $45,000.

Shares of USMV stock opened at $58.18 on Friday. 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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