Weaver Consulting Group Boosts Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Weaver Consulting Group boosted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 12.0% during the second quarter, HoldingsChannel reports. The fund owned 40,330 shares of the company’s stock after buying an additional 4,324 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises 1.0% of Weaver Consulting Group’s holdings, making the stock its 25th biggest position. Weaver Consulting Group’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,786,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Caisse DE Depot ET Placement DU Quebec acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth about $130,668,000. JPMorgan Chase & Co. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 17.3% during the first quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock worth $360,219,000 after buying an additional 568,565 shares during the period. Cetera Investment Advisers grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 26.3% in the second quarter. Cetera Investment Advisers now owns 2,142,277 shares of the company’s stock valued at $201,096,000 after buying an additional 445,896 shares in the last quarter. Truist Financial Corp raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 147.7% in the 2nd quarter. Truist Financial Corp now owns 731,634 shares of the company’s stock valued at $68,678,000 after buying an additional 436,281 shares during the period. Finally, Russell Investments Group Ltd. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 400.2% during the 1st quarter. Russell Investments Group Ltd. now owns 538,501 shares of the company’s stock valued at $50,436,000 after acquiring an additional 430,843 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $93.88 on Thursday. The firm has a market capitalization of $23.96 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.12. The firm’s 50-day moving average is $94.08 and its two-hundred day moving average is $93.54.

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.