iShares MSCI USA Min Vol Factor ETF $USMV Position Boosted by Vestcor Inc

Vestcor Inc raised its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 438.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 420,748 shares of the company’s stock after purchasing an additional 342,610 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 1.1% of Vestcor Inc’s portfolio, making the stock its 9th largest holding. Vestcor Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $39,618,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Frankly Finances LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $25,000. Investors Research Corp purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $26,000. Elevated Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $29,000. Chapman Financial Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $29,000. Finally, Abound Wealth Management raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 437.1% during the 4th quarter. Abound Wealth Management now owns 333 shares of the company’s stock valued at $31,000 after buying an additional 271 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $95.64 on Friday. The company has a market cap of $24.41 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $98.07. The business’s 50-day simple moving average is $94.54 and its 200 day simple moving average is $94.76.

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.