iShares MSCI USA Min Vol Factor ETF $USMV Shares Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. increased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 195,000 shares of the company’s stock after buying an additional 5,800 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $18,552,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Avion Wealth increased its position in iShares MSCI USA Min Vol Factor ETF by 88.8% during the second quarter. Avion Wealth now owns 304 shares of the company’s stock worth $28,000 after purchasing an additional 143 shares during the last quarter. Chapman Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $29,000. Manning & Napier Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at about $30,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $35,000. Finally, Phillips Financial Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $46,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 7.1%

iShares MSCI USA Min Vol Factor ETF stock opened at $94.97 on Friday. The firm has a market capitalization of $24.24 billion, a P/E ratio of 22.90 and a beta of 0.72. The firm has a fifty day moving average of $94.52 and a 200-day moving average of $94.06. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 and a 52-week high of $95.12.

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.