iShares MSCI USA Min Vol Factor ETF $USMV Position Lifted by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 573,795 shares of the company’s stock after buying an additional 24,169 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises 1.3% of Geneos Wealth Management Inc.’s portfolio, making the stock its 6th biggest holding. Geneos Wealth Management Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $54,029,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Junto Capital Management LP purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $85,107,000. Two Sigma Investments LP increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 26.1% during the third quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock worth $260,056,000 after purchasing an additional 565,200 shares in the last quarter. Ameriprise Financial Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 18.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock valued at $271,634,000 after purchasing an additional 452,184 shares during the last quarter. Barclays PLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 238.2% in the 3rd quarter. Barclays PLC now owns 500,271 shares of the company’s stock valued at $47,596,000 after purchasing an additional 352,366 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 62.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 898,946 shares of the company’s stock worth $85,526,000 after purchasing an additional 344,482 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.2%

iShares MSCI USA Min Vol Factor ETF stock opened at $94.31 on Friday. The company has a fifty day simple moving average of $94.66 and a 200-day simple moving average of $94.49. The firm has a market capitalization of $24.07 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $89.85 and a 52-week high of $98.07.

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.