iShares MSCI USA Min Vol Factor ETF $USMV Shares Newly Acquired by StoneX Group Inc.

StoneX Group Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 10,930 shares of the company’s stock, valued at approximately $1,085,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in USMV. Cetera Investment Advisers lifted its stake in iShares MSCI USA Min Vol Factor ETF by 1.9% during the first quarter. Cetera Investment Advisers now owns 2,162,456 shares of the company’s stock worth $200,546,000 after purchasing an additional 39,289 shares during the last quarter. Commonwealth Equity Services LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $171,412,000. Sei Investments Co. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% in the 1st quarter. Sei Investments Co. now owns 1,560,042 shares of the company’s stock valued at $144,677,000 after purchasing an additional 28,733 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 99.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock worth $106,053,000 after buying an additional 569,762 shares in the last quarter. Finally, Apollon Wealth Management LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1,040.9% during the 3rd quarter. Apollon Wealth Management LLC now owns 989,315 shares of the company’s stock worth $96,399,000 after buying an additional 902,603 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $102.96 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $104.75. The stock has a market capitalization of $24.10 billion, a P/E ratio of 23.08 and a beta of 0.63. The stock has a fifty day moving average of $100.59 and a 200-day moving average of $97.24.

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.