Strategic Point Investment Advisors LLC Grows Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Strategic Point Investment Advisors LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,452 shares of the company’s stock after purchasing an additional 1,804 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises approximately 0.6% of Strategic Point Investment Advisors LLC’s holdings, making the stock its 21st largest holding. Strategic Point Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,891,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Wealth Enhancement Advisory Services LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,675,665 shares of the company’s stock worth $628,581,000 after purchasing an additional 51,463 shares during the period. LPL Financial LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 3.4% in the first quarter. LPL Financial LLC now owns 5,876,594 shares of the company’s stock worth $550,402,000 after purchasing an additional 190,680 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.5% during the first quarter. Envestnet Asset Management Inc. now owns 4,605,177 shares of the company’s stock valued at $431,321,000 after buying an additional 112,814 shares during the period. JPMorgan Chase & Co. increased its stake 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 buying an additional 568,565 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 10.7% during the first quarter. Ameriprise Financial Inc. now owns 2,440,656 shares of the company’s stock valued at $228,646,000 after buying an additional 235,117 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.1%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.01 on Friday. The firm has a market cap of $23.99 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $95.12. The stock’s fifty day moving average price is $94.00 and its 200-day moving average price is $92.88.

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.