Triton Financial Group Inc bought a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,753 shares of the company’s stock, valued at approximately $352,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,675,665 shares of the company’s stock valued at $628,581,000 after purchasing an additional 51,463 shares during the last quarter. LPL Financial LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 3.4% during the first quarter. LPL Financial LLC now owns 5,876,594 shares of the company’s stock valued at $550,402,000 after acquiring an additional 190,680 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 2.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 4,605,177 shares of the company’s stock worth $431,321,000 after acquiring an additional 112,814 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 17.3% in the 1st quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock worth $360,219,000 after acquiring an additional 568,565 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 10.7% in the 1st quarter. Ameriprise Financial Inc. now owns 2,440,656 shares of the company’s stock worth $228,646,000 after acquiring an additional 235,117 shares in the last quarter.
iShares MSCI USA Min Vol Factor ETF Price Performance
Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.64 on Tuesday. The stock’s 50-day moving average is $94.17 and its 200 day moving average is $92.95. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12. The firm has a market cap of $24.15 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.
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.
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