Croban Acquires New Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Croban acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 36,619 shares of the company’s stock, valued at approximately $3,437,000. iShares MSCI USA Min Vol Factor ETF accounts for about 2.9% of Croban’s investment portfolio, making the stock its 6th biggest holding.

Several other institutional investors and hedge funds have also modified their holdings of the business. Blue Zone Wealth Advisors LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.5% in the 2nd quarter. Blue Zone Wealth Advisors LLC now owns 4,040 shares of the company’s stock valued at $379,000 after purchasing an additional 138 shares during the period. JB Capital LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 112.0% in the 2nd quarter. JB Capital LLC now owns 5,862 shares of the company’s stock valued at $550,000 after acquiring an additional 3,097 shares in the last quarter. Robertson Stephens Wealth Management LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 112.6% during the 2nd quarter. Robertson Stephens Wealth Management LLC now owns 62,801 shares of the company’s stock worth $5,895,000 after acquiring an additional 33,265 shares during the last quarter. Certus Wealth Management LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 7.9% during the 2nd quarter. Certus Wealth Management LLC now owns 11,303 shares of the company’s stock worth $1,061,000 after acquiring an additional 827 shares in the last quarter. Finally, MA Private Wealth grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.1% during the 2nd quarter. MA Private Wealth now owns 95,366 shares of the company’s stock worth $8,952,000 after acquiring an additional 5,509 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.1%

Shares of USMV stock opened at $94.01 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $95.12. The company’s fifty day simple moving average is $94.00 and its 200-day simple moving average is $92.88. The firm has a market cap of $23.99 billion, a PE ratio of 22.90 and a beta of 0.72.

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.