Partners Capital Investment Group LLP Takes $2.72 Million Position in iShares MSCI USA Min Vol Factor ETF $USMV

Partners Capital Investment Group LLP acquired a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 29,005 shares of the company’s stock, valued at approximately $2,717,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Elevate Wealth Advisory Inc. boosted its position in iShares MSCI USA Min Vol Factor ETF by 5.8% during the first quarter. Elevate Wealth Advisory Inc. now owns 18,058 shares of the company’s stock worth $1,691,000 after purchasing an additional 989 shares during the period. Capital Analysts LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.3% in the first quarter. Capital Analysts LLC now owns 23,770 shares of the company’s stock valued at $2,226,000 after purchasing an additional 976 shares during the period. Level Four Advisory Services LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% during the 1st quarter. Level Four Advisory Services LLC now owns 32,754 shares of the company’s stock valued at $3,068,000 after buying an additional 145 shares in the last quarter. Crabel Capital Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at approximately $468,000. Finally, Colonial Trust Advisors raised its holdings in iShares MSCI USA Min Vol Factor ETF by 51.6% during the 1st quarter. Colonial Trust Advisors now owns 54,620 shares of the company’s stock valued at $5,116,000 after acquiring an additional 18,600 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV opened at $94.5380 on Thursday. The company has a market cap of $24.13 billion, a P/E ratio of 22.90 and a beta of 0.72. The stock’s fifty day moving average price is $93.14 and its two-hundred day moving average price is $92.56. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.1190.

About iShares MSCI USA Min Vol Factor ETF

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.