Syntegra Private Wealth Group LLC Raises Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Syntegra Private Wealth Group LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 208,087 shares of the company’s stock after purchasing an additional 4,166 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up about 2.2% of Syntegra Private Wealth Group LLC’s portfolio, making the stock its 12th biggest holding. Syntegra Private Wealth Group LLC owned about 0.07% of iShares MSCI USA Min Vol Factor ETF worth $19,000,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Greenleaf Trust increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.7% in the 3rd quarter. Greenleaf Trust now owns 10,457 shares of the company’s stock valued at $955,000 after acquiring an additional 275 shares during the period. WT Wealth Management increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.6% in the 3rd quarter. WT Wealth Management now owns 26,441 shares of the company’s stock valued at $2,456,000 after acquiring an additional 1,404 shares during the period. Eastern Bank acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $92,000. Sweeney & Michel LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.5% in the 3rd quarter. Sweeney & Michel LLC now owns 17,265 shares of the company’s stock valued at $1,603,000 after acquiring an additional 745 shares during the period. Finally, Foundations Investment Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% in the 3rd quarter. Foundations Investment Advisors LLC now owns 66,647 shares of the company’s stock valued at $6,086,000 after acquiring an additional 3,369 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV traded down $0.36 during mid-day trading on Wednesday, hitting $92.09. The stock had a trading volume of 904,065 shares. The company has a 50 day moving average of $90.88 and a two-hundred day moving average of $86.13. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The firm has a market cap of $26.98 billion, a PE ratio of 25.30 and a beta of 0.59.

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.