Greenleaf Trust Boosts Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Greenleaf Trust raised its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 10,457 shares of the company’s stock after buying an additional 275 shares during the quarter. Greenleaf Trust’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $955,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $30,000. Gleason Group Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth approximately $32,000. Hantz Financial Services Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth $33,000. Strategic Financial Concepts LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth $35,000. Finally, Bfsg LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 116.9% during the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after buying an additional 228 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.4 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $91.57 on Friday. The business’s fifty day simple moving average is $91.02 and its 200-day simple moving average is $86.20. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The firm has a market cap of $26.83 billion, a PE ratio of 25.30 and a beta of 0.59.

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.