Inscription Capital LLC Makes New Investment in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Inscription Capital LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 13,776 shares of the company’s stock, valued at approximately $1,290,000.

Several other large investors have also recently made changes to their positions in the business. Raymond James Financial Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $1,176,338,000. Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 102.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock valued at $620,423,000 after buying an additional 3,352,591 shares during the last quarter. LPL Financial LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.1% during the 4th quarter. LPL Financial LLC now owns 5,685,914 shares of the company’s stock valued at $504,852,000 after buying an additional 328,291 shares during the last quarter. Catalyst Capital Advisors LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.9% during the 1st quarter. Catalyst Capital Advisors LLC now owns 3,755,502 shares of the company’s stock worth $351,740,000 after acquiring an additional 104,095 shares during the period. Finally, Millburn Ridgefield Corp increased its holdings in iShares MSCI USA Min Vol Factor ETF by 5.2% in the 4th quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after acquiring an additional 180,849 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.6%

BATS USMV opened at $92.71 on Tuesday. The company has a market cap of $23.77 billion, a PE ratio of 24.27 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $82.66 and a 52 week high of $95.12. The firm’s 50-day simple moving average is $92.08 and its two-hundred day simple moving average is $91.73.

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.