Keybank National Association OH Boosts Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

Keybank National Association OH raised its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 367,438 shares of the company’s stock after purchasing an additional 7,643 shares during the quarter. Keybank National Association OH’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $34,940,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of USMV. Ameriprise Financial Inc. grew its stake in iShares MSCI USA Min Vol Factor ETF by 18.5% during the second quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock valued at $271,634,000 after acquiring an additional 452,184 shares in the last quarter. Cetera Investment Advisers increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 26.3% during the 2nd quarter. Cetera Investment Advisers now owns 2,142,277 shares of the company’s stock valued at $201,096,000 after purchasing an additional 445,896 shares during the last quarter. Portfolio Design Labs LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at $34,671,000. Ascent Group LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 1,116.1% during the 2nd quarter. Ascent Group LLC now owns 308,114 shares of the company’s stock valued at $28,923,000 after purchasing an additional 282,778 shares during the last quarter. Finally, Berkshire Money Management Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at approximately $25,406,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 7.1%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.97 on Friday. The company has a market capitalization of $24.24 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $83.99 and a 52 week high of $95.12. The stock’s fifty day moving average is $94.52 and its two-hundred day moving average is $94.07.

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.