Citizens Financial Group Inc. RI Buys New Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Citizens Financial Group Inc. RI bought a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 216,033 shares of the company’s stock, valued at approximately $21,050,000. Citizens Financial Group Inc. RI owned approximately 0.08% of iShares MSCI USA Min Vol Factor ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the company. Geneos Wealth Management Inc. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 99.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock valued at $106,053,000 after buying an additional 569,762 shares during the period. Catalyst Capital Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 13.0% in the 1st quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock valued at $393,458,000 after buying an additional 489,637 shares in the last quarter. Anderson Hoagland & Co. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth $26,131,000. Piedmont Capital Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $19,753,000. Finally, Barrett & Company Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth $18,894,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.5%

USMV stock opened at $102.95 on Friday. The business’s 50-day moving average price is $100.22 and its two-hundred day moving average price is $97.58. The firm has a market cap of $26.27 billion, a PE 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 $103.58.

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.