Eastern Bank Has $54,000 Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Eastern Bank trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 20.3% in the second quarter, Holdings Channel.com reports. The firm owned 577 shares of the company’s stock after selling 147 shares during the quarter. Eastern Bank’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $54,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of USMV. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 102.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock worth $620,423,000 after acquiring an additional 3,352,591 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at approximately $130,668,000. JPMorgan Chase & Co. boosted its holdings 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 valued at $360,219,000 after buying an additional 568,565 shares during the last quarter. Truist Financial Corp lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 147.7% during the 2nd quarter. Truist Financial Corp now owns 731,634 shares of the company’s stock valued at $68,678,000 after purchasing an additional 436,281 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted 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 purchasing an additional 430,843 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.01 on Monday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.12. The company has a market capitalization of $23.99 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The business has a fifty day simple moving average of $94.00 and a two-hundred day simple moving average of $92.87.

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.