iShares MSCI USA Min Vol Factor ETF $USMV Stock Acquired by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 18.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 133,284 shares of the company’s stock after buying an additional 20,405 shares during the period. Rakuten Investment Management Inc. owned about 0.05% of iShares MSCI USA Min Vol Factor ETF worth $13,034,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Cetera Investment Advisers raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the first quarter. Cetera Investment Advisers now owns 2,162,456 shares of the company’s stock valued at $200,546,000 after acquiring an additional 39,289 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the first quarter. Sei Investments Co. now owns 1,560,042 shares of the company’s stock worth $144,677,000 after purchasing an additional 28,733 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 99.3% during the first quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock worth $106,053,000 after purchasing an additional 569,762 shares during the period. Apollon Wealth Management LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1,040.9% in the third quarter. Apollon Wealth Management LLC now owns 989,315 shares of the company’s stock worth $96,399,000 after purchasing an additional 902,603 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 14.3% in the second quarter. NewEdge Advisors LLC now owns 706,584 shares of the company’s stock worth $68,151,000 after purchasing an additional 88,257 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 1.7%

BATS USMV opened at $104.50 on Thursday. The business’s 50-day moving average price is $100.58 and its two-hundred day moving average price is $97.13. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $104.56. The firm has a market capitalization of $26.67 billion, a PE 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.