IFP Advisors Inc increased its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 39.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 142,248 shares of the company’s stock after purchasing an additional 40,424 shares during the period. IFP Advisors Inc owned approximately 0.06% of iShares MSCI USA Min Vol Factor ETF worth $13,394,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of USMV. Junto Capital Management LP bought a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $85,107,000. Two Sigma Investments LP boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 26.1% in the third quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock valued at $260,056,000 after acquiring an additional 565,200 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 18.5% in the second quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock valued at $271,634,000 after acquiring an additional 452,184 shares during the last quarter. Barclays PLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 238.2% in the third quarter. Barclays PLC now owns 500,271 shares of the company’s stock valued at $47,596,000 after acquiring an additional 352,366 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 62.1% in the third quarter. Russell Investments Group Ltd. now owns 898,946 shares of the company’s stock valued at $85,526,000 after acquiring an additional 344,482 shares during the last quarter.
iShares MSCI USA Min Vol Factor ETF Price Performance
Shares of USMV stock opened at $95.79 on Wednesday. The business’s 50 day simple moving average is $93.98 and its 200 day simple moving average is $94.49. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $98.07. The stock has a market capitalization of $24.45 billion, a PE ratio of 22.90 and a beta of 0.72.
iShares MSCI USA Min Vol Factor ETF Company 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.
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