iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Bought by Montecito Bank & Trust

Montecito Bank & Trust increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 47,814 shares of the company’s stock after buying an additional 2,616 shares during the quarter. Montecito Bank & Trust’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,366,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Cetera Investment Advisers raised its holdings in iShares MSCI USA Min Vol Factor ETF by 270.9% in the first quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock valued at $158,465,000 after buying an additional 1,384,833 shares during the period. Dynasty Wealth Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at $83,046,000. Carrera Capital Advisors purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $33,148,000. Symmetry Partners LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 75.6% in the 2nd quarter. Symmetry Partners LLC now owns 769,232 shares of the company’s stock valued at $64,585,000 after purchasing an additional 331,096 shares in the last quarter. Finally, Granite Bay Wealth Management LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 5,487.5% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 331,843 shares of the company’s stock valued at $27,303,000 after purchasing an additional 325,904 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV opened at $92.45 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The stock’s 50-day moving average is $91.18 and its two-hundred day moving average is $86.87. The stock has a market cap of $27.09 billion, a PE ratio of 25.30 and a beta of 0.59.

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.