M Holdings Securities Inc. Purchases New Stake in iShares MSCI USA Min Vol Factor ETF $USMV

M Holdings Securities Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 55,600 shares of the company’s stock, valued at approximately $5,235,000.

Several other hedge funds have also recently bought and sold shares of USMV. Junto Capital Management LP purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $85,107,000. BNP Paribas Financial Markets raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 10,472.3% during the fourth quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock valued at $75,398,000 after purchasing an additional 793,173 shares during the period. Two Sigma Investments LP raised its stake 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 valued at $260,056,000 after purchasing an additional 565,200 shares during the period. Ameriprise Financial Inc. raised its stake in shares of 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 valued at $271,634,000 after purchasing an additional 452,184 shares during the period. Finally, Barclays PLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 238.2% during the third 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 during the period.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.4%

USMV opened at $95.22 on Thursday. The firm has a market capitalization of $24.30 billion, a P/E ratio of 22.90 and a beta of 0.72. The firm’s 50 day moving average is $94.76 and its 200-day moving average is $94.81. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $98.07.

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.