Investment Partners LTD. Has $3.36 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Investment Partners LTD. boosted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,009 shares of the company’s stock after buying an additional 164 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up about 1.7% of Investment Partners LTD.’s holdings, making the stock its 16th biggest position. Investment Partners LTD.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,356,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of USMV. FMR LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 51.5% in the 3rd quarter. FMR LLC now owns 26,644,002 shares of the company’s stock valued at $1,928,493,000 after purchasing an additional 9,059,409 shares during the period. Catalyst Capital Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $259,275,000. Envestnet Portfolio Solutions Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $246,963,000. International Assets Investment Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $216,845,000. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 54.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,301,031 shares of the company’s stock worth $383,689,000 after acquiring an additional 1,867,739 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV traded down $0.29 during midday trading on Friday, reaching $80.93. 2,421,659 shares of the company’s stock were exchanged. The company’s 50 day simple moving average is $81.80 and its two-hundred day simple moving average is $78.41. The firm has a market capitalization of $23.66 billion, a PE ratio of 25.31 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month 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.