Ascentis Independent Advisors Acquires 16,573 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Ascentis Independent Advisors increased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 104.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,429 shares of the company’s stock after purchasing an additional 16,573 shares during the quarter. Ascentis Independent Advisors’ holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,007,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 12.9% during the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after purchasing an additional 1,291 shares in the last quarter. Jane Street Group LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 366.3% in the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after purchasing an additional 27,868 shares during the period. Hsbc Holdings PLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $399,000. First Trust Advisors LP raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 39.0% during the second quarter. First Trust Advisors LP now owns 7,845 shares of the company’s stock worth $736,000 after acquiring an additional 2,201 shares during the last quarter. Finally, Qube Research & Technologies Ltd lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 465.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 244,764 shares of the company’s stock worth $22,976,000 after purchasing an additional 201,483 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $97.89 on Monday. The firm’s fifty day moving average is $95.44 and its 200-day moving average is $94.96. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $98.07. The firm has a market cap of $24.98 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.