Park Avenue Securities LLC Makes New Investment in iShares MSCI USA Min Vol Factor ETF $USMV

Park Avenue Securities LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 193,664 shares of the company’s stock, valued at approximately $18,871,000. Park Avenue Securities LLC owned approximately 0.08% of iShares MSCI USA Min Vol Factor ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in USMV. Catalyst Capital Advisors LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 13.0% in the 1st 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 period. Cetera Investment Advisers increased its stake 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 valued at $200,546,000 after purchasing an additional 39,289 shares in the last quarter. Sei Investments Co. increased its stake 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 purchasing an additional 28,733 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 99.3% during the first quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock worth $106,053,000 after purchasing an additional 569,762 shares during the last quarter. Finally, Apollon Wealth Management LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1,040.9% during the third quarter. Apollon Wealth Management LLC now owns 989,315 shares of the company’s stock worth $96,399,000 after purchasing an additional 902,603 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.5%

BATS:USMV opened at $103.42 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $103.58. The stock has a fifty day simple moving average of $100.23 and a 200-day simple moving average of $96.78. The company has a market capitalization of $26.39 billion, a PE ratio of 22.90 and a beta of 0.72.

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.