Saxon Interests Inc. Acquires New Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Saxon Interests Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, HoldingsChannel reports. The fund bought 29,275 shares of the company’s stock, valued at approximately $2,284,000. iShares MSCI USA Min Vol Factor ETF comprises approximately 1.1% of Saxon Interests Inc.’s portfolio, making the stock its 19th biggest position.

Other institutional investors also recently bought and sold shares of the company. FMR LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 51.5% during the third quarter. FMR LLC now owns 26,644,002 shares of the company’s stock worth $1,928,493,000 after buying an additional 9,059,409 shares during the period. Raymond James & Associates lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the fourth quarter. Raymond James & Associates now owns 16,080,799 shares of the company’s stock worth $1,254,785,000 after buying an additional 122,005 shares during the period. Morgan Stanley lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 7.6% during the fourth quarter. Morgan Stanley now owns 15,673,112 shares of the company’s stock worth $1,130,031,000 after buying an additional 1,111,338 shares during the period. Moneta Group Investment Advisors LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 140,054.1% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,961,456 shares of the company’s stock worth $790,321,000 after buying an additional 10,953,635 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 16.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 7,172,429 shares of the company’s stock worth $519,140,000 after purchasing an additional 1,000,764 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock traded up $0.20 during trading on Friday, hitting $83.58. 2,621,446 shares of the company’s stock were exchanged. The business has a 50-day simple moving average of $81.23 and a 200-day simple moving average of $77.26. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The stock has a market capitalization of $32.06 billion, a price-to-earnings ratio of 20.17 and a beta of 0.75.

iShares MSCI USA Min Vol Factor ETF Company 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.