iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Bought by Northwest & Ethical Investments L.P.

Northwest & Ethical Investments L.P. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 104.3% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 109,700 shares of the company’s stock after purchasing an additional 56,000 shares during the period. Northwest & Ethical Investments L.P.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,017,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Carrera Capital Advisors purchased a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at approximately $33,148,000. LPL Financial LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after purchasing an additional 346,414 shares in the last quarter. Symmetry Partners LLC lifted its stake in shares of 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 during the period. Granite Bay Wealth Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 5,487.5% during the second quarter. Granite Bay Wealth Management LLC now owns 331,843 shares of the company’s stock worth $27,303,000 after buying an additional 325,904 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at $18,422,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $94.44 on Friday. The company has a fifty day moving average of $91.88 and a two-hundred day moving average of $88.12. The stock has a market capitalization of $27.67 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45.

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.