JPMorgan Chase & Co. Has $318.18 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

JPMorgan Chase & Co. reduced its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,344,287 shares of the company’s stock after selling 85,642 shares during the period. JPMorgan Chase & Co. owned about 1.31% of iShares MSCI USA Min Vol Factor ETF worth $318,176,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Avion Wealth boosted its position in iShares MSCI USA Min Vol Factor ETF by 88.8% during the 2nd quarter. Avion Wealth now owns 304 shares of the company’s stock worth $28,000 after buying an additional 143 shares during the period. Chapman Financial Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at $29,000. Manning & Napier Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $30,000. Grey Fox Wealth Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $35,000. Finally, Phillips Financial Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth approximately $46,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $96.05 on Friday. The company has a market capitalization of $24.51 billion, a PE ratio of 22.90 and a beta of 0.72. The company has a 50 day simple moving average of $94.87 and a two-hundred day simple moving average of $94.30. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $96.65.

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.