Norris Perne & French LLP MI Buys Shares of 2,388 iShares MSCI USA Min Vol Factor ETF $USMV

Norris Perne & French LLP MI bought a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,388 shares of the company’s stock, valued at approximately $224,000.

Several other large investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,675,665 shares of the company’s stock worth $628,581,000 after buying an additional 51,463 shares in the last quarter. LPL Financial LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 3.4% during the 1st quarter. LPL Financial LLC now owns 5,876,594 shares of the company’s stock worth $550,402,000 after acquiring an additional 190,680 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.5% in the first quarter. Envestnet Asset Management Inc. now owns 4,605,177 shares of the company’s stock worth $431,321,000 after purchasing an additional 112,814 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 17.3% during the first quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock valued at $360,219,000 after purchasing an additional 568,565 shares during the period. Finally, Catalyst Capital Advisors LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.9% during the first quarter. Catalyst Capital Advisors LLC now owns 3,755,502 shares of the company’s stock valued at $351,740,000 after purchasing an additional 104,095 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.6%

USMV stock opened at $94.52 on Monday. The company has a 50-day simple moving average of $93.70 and a 200 day simple moving average of $92.72. The company has a market capitalization of $24.12 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $95.12.

iShares MSCI USA Min Vol Factor ETF 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.