iShares MSCI USA Min Vol Factor ETF $USMV Shares Newly Acquired by Money Concepts Capital Corp

Money Concepts Capital Corp purchased 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 13F filing with the SEC. The fund purchased 102,991 shares of the company’s stock, valued at approximately $10,035,000.

Several other large investors have also modified their holdings of the business. Russell Investments Group Ltd. increased its holdings in iShares MSCI USA Min Vol Factor ETF by 0.3% during the third quarter. Russell Investments Group Ltd. now owns 853,893 shares of the company’s stock valued at $83,203,000 after buying an additional 2,378 shares during the period. CENTRAL TRUST Co purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter worth $732,000. Ritholtz Wealth Management boosted its position in iShares MSCI USA Min Vol Factor ETF by 10.9% during the 3rd quarter. Ritholtz Wealth Management now owns 5,428 shares of the company’s stock valued at $529,000 after acquiring an additional 535 shares in the last quarter. Silver Grove Financial Group Inc. boosted its position in iShares MSCI USA Min Vol Factor ETF by 9.1% during the 3rd quarter. Silver Grove Financial Group Inc. now owns 7,541 shares of the company’s stock valued at $735,000 after acquiring an additional 629 shares in the last quarter. Finally, Keybank National Association OH bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $27,922,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.2%

Shares of BATS:USMV opened at $104.02 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $91.02 and a 12-month high of $104.75. The business’s fifty day simple moving average is $100.75 and its 200-day simple moving average is $97.38. The company has a market capitalization of $24.35 billion, a PE ratio of 23.08 and a beta of 0.63.

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.