Vestcor Inc Acquires 342,610 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Vestcor Inc increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 438.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 420,748 shares of the company’s stock after acquiring an additional 342,610 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up approximately 1.1% of Vestcor Inc’s portfolio, making the stock its 9th biggest holding. Vestcor Inc owned 0.16% of iShares MSCI USA Min Vol Factor ETF worth $39,618,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of USMV. Brighton Jones LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 12.9% in the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after purchasing an additional 1,291 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 366.3% during the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after acquiring an additional 27,868 shares during the last quarter. Hsbc Holdings PLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at $399,000. First Trust Advisors LP boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 39.0% during the second quarter. First Trust Advisors LP now owns 7,845 shares of the company’s stock valued at $736,000 after acquiring an additional 2,201 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 465.5% during the second quarter. Qube Research & Technologies Ltd now owns 244,764 shares of the company’s stock valued at $22,976,000 after acquiring an additional 201,483 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 1.1%

USMV opened at $95.64 on Friday. The business’s fifty day simple moving average is $94.54 and its 200 day simple moving average is $94.76. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $98.07. The firm has a market cap of $24.41 billion, a P/E 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.