Strategic Investment Advisors MI Acquires 7,645 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Strategic Investment Advisors MI raised its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 32.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 31,327 shares of the company’s stock after buying an additional 7,645 shares during the period. Strategic Investment Advisors MI’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,904,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in USMV. Brighton Jones LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% during the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after acquiring an additional 1,291 shares during the last quarter. Jane Street Group LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 366.3% during the 1st quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after buying an additional 27,868 shares during the period. Hsbc Holdings PLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $399,000. First Trust Advisors LP lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 39.0% in the 2nd quarter. First Trust Advisors LP now owns 7,845 shares of the company’s stock worth $736,000 after acquiring an additional 2,201 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its position in iShares MSCI USA Min Vol Factor ETF by 465.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 244,764 shares of the company’s stock worth $22,976,000 after purchasing an additional 201,483 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $98.35 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $99.34. The firm has a 50-day simple moving average of $96.42 and a two-hundred day simple moving average of $95.32. The company has a market cap of $25.10 billion, a P/E ratio of 22.90 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF Company 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.