Vestmark Advisory Solutions Inc. Acquires 86,609 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Vestmark Advisory Solutions Inc. increased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1,292.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 93,310 shares of the company’s stock after purchasing an additional 86,609 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $8,877,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Secure Asset Management LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.8% in the 3rd quarter. Secure Asset Management LLC now owns 3,904 shares of the company’s stock worth $371,000 after buying an additional 108 shares in the last quarter. Patriot Investment Management Group Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 0.4% during the third quarter. Patriot Investment Management Group Inc. now owns 29,572 shares of the company’s stock worth $2,814,000 after acquiring an additional 111 shares in the last quarter. Venturi Wealth Management LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% during the third quarter. Venturi Wealth Management LLC now owns 6,122 shares of the company’s stock valued at $582,000 after acquiring an additional 111 shares during the period. Partners Capital Investment Group LLP lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% during the third quarter. Partners Capital Investment Group LLP now owns 29,220 shares of the company’s stock valued at $2,780,000 after acquiring an additional 112 shares during the period. Finally, Modera Wealth Management LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.1% in the 3rd quarter. Modera Wealth Management LLC now owns 2,836 shares of the company’s stock valued at $270,000 after purchasing an additional 113 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.1%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $96.19 on Monday. The stock has a market capitalization of $24.55 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $96.65. The company has a 50-day simple moving average of $94.91 and a 200 day simple moving average of $94.34.

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.