Marino Stram & Associates LLC lifted its stake in shares of iShares Edge MSCI Min Vol USA ETF (BATS:USMV) by 14.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,199 shares of the company’s stock after purchasing an additional 4,478 shares during the period. iShares Edge MSCI Min Vol USA ETF makes up about 1.5% of Marino Stram & Associates LLC’s holdings, making the stock its 13th biggest position. Marino Stram & Associates LLC’s holdings in iShares Edge MSCI Min Vol USA ETF were worth $2,128,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the company. Mosaic Family Wealth LLC raised its position in shares of iShares Edge MSCI Min Vol USA ETF by 293.4% during the first quarter. Mosaic Family Wealth LLC now owns 14,174 shares of the company’s stock worth $833,000 after purchasing an additional 10,571 shares during the period. Patten Group Inc. raised its position in shares of iShares Edge MSCI Min Vol USA ETF by 9,793.3% during the first quarter. Patten Group Inc. now owns 7,420 shares of the company’s stock worth $436,000 after purchasing an additional 7,345 shares during the period. GYL Financial Synergies LLC raised its position in shares of iShares Edge MSCI Min Vol USA ETF by 2.4% during the first quarter. GYL Financial Synergies LLC now owns 16,388 shares of the company’s stock worth $964,000 after purchasing an additional 388 shares during the period. GWM Advisors LLC raised its position in shares of iShares Edge MSCI Min Vol USA ETF by 52.6% during the first quarter. GWM Advisors LLC now owns 260,528 shares of the company’s stock worth $15,319,000 after purchasing an additional 89,839 shares during the period. Finally, Advisory Alpha LLC acquired a new stake in shares of iShares Edge MSCI Min Vol USA ETF during the first quarter worth $169,000.

Shares of USMV stock traded up $0.19 on Wednesday, reaching $61.59. 1,426,076 shares of the company’s stock traded hands. iShares Edge MSCI Min Vol USA ETF has a 12-month low of $47.44 and a 12-month 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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