Arcus Capital Partners LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 4.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 21,911 shares of the company’s stock after purchasing an additional 899 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for about 0.9% of Arcus Capital Partners LLC’s investment portfolio, making the stock its 19th largest holding. Arcus Capital Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,057,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also made changes to their positions in the company. Caisse DE Depot ET Placement DU Quebec purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter valued at $130,668,000. JPMorgan Chase & Co. grew its stake in iShares MSCI USA Min Vol Factor ETF by 17.3% during the 1st quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock valued at $360,219,000 after acquiring an additional 568,565 shares in the last quarter. Truist Financial Corp increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 147.7% in the 2nd quarter. Truist Financial Corp now owns 731,634 shares of the company’s stock valued at $68,678,000 after purchasing an additional 436,281 shares during the period. Russell Investments Group Ltd. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 400.2% in the first quarter. Russell Investments Group Ltd. now owns 538,501 shares of the company’s stock worth $50,436,000 after purchasing an additional 430,843 shares in the last quarter. Finally, Ascent Group LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1,116.1% during the second quarter. Ascent Group LLC now owns 308,114 shares of the company’s stock worth $28,923,000 after purchasing an additional 282,778 shares during the period.
iShares MSCI USA Min Vol Factor ETF Trading Up 6.1%
BATS USMV opened at $94.09 on Friday. The company has a market capitalization of $24.01 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $83.99 and a 1-year high of $95.12. The firm’s fifty day simple moving average is $94.13 and its 200-day simple moving average is $92.90.
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.
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