iShares MSCI USA Min Vol Factor ETF $USMV Shares Newly Bought by Tompkins Financial Corp

Tompkins Financial Corp acquired a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 48,414 shares of the company’s stock, valued at approximately $4,717,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in USMV. Catalyst Capital Advisors LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 13.0% in the first quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock worth $393,458,000 after acquiring an additional 489,637 shares during the last quarter. Cetera Investment Advisers raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1.9% in the 1st quarter. Cetera Investment Advisers now owns 2,162,456 shares of the company’s stock worth $200,546,000 after acquiring an additional 39,289 shares during the last quarter. Sei Investments Co. lifted its position in iShares MSCI USA Min Vol Factor ETF by 1.9% in the 1st quarter. Sei Investments Co. now owns 1,560,042 shares of the company’s stock valued at $144,677,000 after acquiring an additional 28,733 shares in the last quarter. Focus Partners Wealth increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 9.0% in the 4th quarter. Focus Partners Wealth now owns 1,225,619 shares of the company’s stock worth $115,410,000 after purchasing an additional 100,701 shares in the last quarter. Finally, Cerity Partners LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.2% in the 4th quarter. Cerity Partners LLC now owns 1,222,695 shares of the company’s stock worth $115,129,000 after purchasing an additional 49,558 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock traded up $0.61 during mid-day trading on Monday, hitting $98.82. The company’s stock had a trading volume of 505,546 shares, compared to its average volume of 2,304,700. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $102.21. The stock has a market cap of $25.22 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The business has a 50-day moving average price of $99.77 and a 200 day moving average price of $96.74.

About iShares MSCI USA Min Vol Factor ETF

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.