iShares MSCI USA Min Vol Factor ETF $USMV Shares Acquired by Shore Point Advisors LLC

Shore Point Advisors LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 12.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 75,289 shares of the company’s stock after buying an additional 8,132 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up approximately 3.2% of Shore Point Advisors LLC’s portfolio, making the stock its 8th biggest position. Shore Point Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,163,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Bank of Montreal Can increased its stake in iShares MSCI USA Min Vol Factor ETF by 9.9% in the second quarter. Bank of Montreal Can now owns 44,819 shares of the company’s stock valued at $4,207,000 after purchasing an additional 4,045 shares in the last quarter. Cynosure Group LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 16.8% in the 3rd quarter. Cynosure Group LLC now owns 42,424 shares of the company’s stock valued at $4,036,000 after buying an additional 6,104 shares during the period. Accurate Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $203,000. Forefront Wealth Partners LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $4,341,000. Finally, Symmetry Partners LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 10.1% during the 2nd quarter. Symmetry Partners LLC now owns 263,164 shares of the company’s stock worth $24,703,000 after buying an additional 24,219 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $94.63 on Monday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 and a 52-week high of $95.12. The business’s 50 day simple moving average is $94.13 and its two-hundred day simple moving average is $93.94. The firm has a market cap of $24.15 billion, a P/E ratio of 22.90 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF 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.