102,883 Shares in iShares MSCI USA Min Vol Factor ETF $USMV Bought by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 102,883 shares of the company’s stock, valued at approximately $9,745,000.

Other large investors have also bought and sold shares of the company. Raymond James Financial Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% in the 2nd quarter. Raymond James Financial Inc. now owns 13,315,040 shares of the company’s stock worth $1,249,883,000 after acquiring an additional 191,453 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 2.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 6,831,899 shares of the company’s stock worth $650,670,000 after acquiring an additional 156,234 shares during the period. Envestnet Asset Management Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 1.8% in the second quarter. Envestnet Asset Management Inc. now owns 4,686,964 shares of the company’s stock valued at $439,962,000 after purchasing an additional 81,787 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 18.5% during the second quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock worth $271,634,000 after purchasing an additional 452,184 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 0.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 2,202,341 shares of the company’s stock worth $206,734,000 after buying an additional 16,746 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $94.29 on Thursday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $95.12. The business has a 50 day moving average price of $94.32 and a 200-day moving average price of $93.98. The firm has a market cap of $24.06 billion, a PE ratio of 22.90 and a beta of 0.72.

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.