Intrust Bank NA Increases Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Intrust Bank NA raised its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.5% in the fourth quarter, Holdings Channel reports. The fund owned 178,808 shares of the company’s stock after acquiring an additional 815 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises approximately 1.6% of Intrust Bank NA’s holdings, making the stock its 10th biggest position. Intrust Bank NA’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $15,876,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Anchor Investment Management LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 6.0% during the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after purchasing an additional 112 shares during the last quarter. Smart Portfolios LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.2% during the fourth quarter. Smart Portfolios LLC now owns 5,235 shares of the company’s stock worth $465,000 after buying an additional 112 shares in the last quarter. Heritage Wealth Advisors raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 27.4% in the fourth quarter. Heritage Wealth Advisors now owns 544 shares of the company’s stock valued at $48,000 after acquiring an additional 117 shares during the last quarter. Flputnam Investment Management Co. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.3% in the 4th quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock worth $263,000 after acquiring an additional 123 shares in the last quarter. Finally, Mcdonald Partners LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the 4th quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock worth $1,299,000 after acquiring an additional 125 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock opened at $92.75 on Friday. The business has a fifty day moving average price of $92.67 and a 200 day moving average price of $91.75. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $79.69 and a fifty-two week high of $95.12. The stock has a market capitalization of $24.21 billion, a price-to-earnings ratio of 24.03 and a beta of 0.77.

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.