38,474 Shares in iShares MSCI USA Min Vol Factor ETF $USMV Acquired by Quantitative Investment Management LLC

Quantitative Investment Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 38,474 shares of the company’s stock, valued at approximately $1,963,000.

Other institutional investors also recently modified their holdings of the company. Chapman Financial Group LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth $29,000. Ankerstar Wealth LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $31,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $33,000. Commonwealth Retirement Investments LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $34,000. Finally, Entrust Financial LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $35,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.2%

BATS USMV opened at $101.52 on Tuesday. The stock’s 50-day moving average price is $98.58 and its two-hundred day moving average price is $96.24. The company has a market cap of $25.91 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 $91.02 and a 1 year high of $102.21.

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.