New Century Financial Group LLC Boosts Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

New Century Financial Group LLC increased its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.4% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,131 shares of the company’s stock after acquiring an additional 631 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises approximately 0.9% of New Century Financial Group LLC’s portfolio, making the stock its 22nd largest position. New Century Financial Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,265,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Keener Financial Planning LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $26,000. Horrell Capital Management Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $27,000. Global Trust Asset Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $27,000. M&R Capital Management Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $34,000. Finally, SYM FINANCIAL Corp grew its position in iShares MSCI USA Min Vol Factor ETF by 232.9% during the 4th quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock worth $38,000 after acquiring an additional 340 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock traded down $0.15 during mid-day trading on Thursday, reaching $83.87. 828,367 shares of the company traded hands. The firm’s 50 day moving average price is $82.89 and its 200 day moving average price is $81.31. The firm has a market capitalization of $24.57 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45.

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.