TFB Advisors LLC Has $381,000 Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

TFB Advisors LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,054 shares of the company’s stock after acquiring an additional 360 shares during the quarter. TFB Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $381,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of USMV. Caisse DE Depot ET Placement DU Quebec acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter worth $130,668,000. JPMorgan Chase & Co. increased its position in iShares MSCI USA Min Vol Factor ETF by 17.3% during the first quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock worth $360,219,000 after buying an additional 568,565 shares during the last quarter. Truist Financial Corp increased its position in iShares MSCI USA Min Vol Factor ETF by 147.7% during the second quarter. Truist Financial Corp now owns 731,634 shares of the company’s stock worth $68,678,000 after buying an additional 436,281 shares during the last quarter. Russell Investments Group Ltd. increased its position in iShares MSCI USA Min Vol Factor ETF by 400.2% during the first quarter. Russell Investments Group Ltd. now owns 538,501 shares of the company’s stock worth $50,436,000 after buying an additional 430,843 shares during the last quarter. Finally, Ascent Group LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1,116.1% during the second quarter. Ascent Group LLC now owns 308,114 shares of the company’s stock worth $28,923,000 after buying an additional 282,778 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $94.66 on Thursday. The company has a market capitalization of $24.16 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12. The company’s fifty day moving average price is $94.23 and its two-hundred day moving average price is $92.98.

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.