Strategy Asset Managers LLC Boosts Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Strategy Asset Managers LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,758 shares of the company’s stock after purchasing an additional 1,534 shares during the quarter. Strategy Asset Managers LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,713,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in USMV. Cetera Investment Advisers raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 270.9% in the first quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock valued at $158,465,000 after acquiring an additional 1,384,833 shares during the period. Dynasty Wealth Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth about $83,046,000. Carrera Capital Advisors bought a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $33,148,000. Symmetry Partners LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 75.6% during the second quarter. Symmetry Partners LLC now owns 769,232 shares of the company’s stock valued at $64,585,000 after buying an additional 331,096 shares during the period. Finally, Granite Bay Wealth Management LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 5,487.5% during the second quarter. Granite Bay Wealth Management LLC now owns 331,843 shares of the company’s stock valued at $27,303,000 after buying an additional 325,904 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV opened at $91.37 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The company has a market cap of $26.77 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The business’s 50 day moving average price is $91.50 and its 200-day moving average price is $87.56.

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.