iShares MSCI USA Min Vol Factor ETF $USMV Shares Newly Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,759,157 shares of the company’s stock, valued at approximately $171,412,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in USMV. Schmidt P J Investment Management Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at approximately $616,000. Boston Trust Walden Corp bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at approximately $270,000. Jmac Enterprises LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 3rd quarter. Jmac Enterprises LLC now owns 124,507 shares of the company’s stock valued at $12,132,000 after purchasing an additional 1,025 shares during the last quarter. Team Financial Group LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at approximately $151,000. Finally, Rakuten Investment Management Inc. increased its position in iShares MSCI USA Min Vol Factor ETF by 18.1% during the 3rd quarter. Rakuten Investment Management Inc. now owns 133,284 shares of the company’s stock worth $13,034,000 after purchasing an additional 20,405 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock opened at $101.75 on Friday. The company has a 50 day simple moving average of $100.58 and a 200 day simple moving average of $97.16. The stock has a market cap of $25.97 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $104.75.

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.