Junto Capital Management LP Purchases New Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Junto Capital Management LP acquired a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 894,548 shares of the company’s stock, valued at approximately $85,107,000. iShares MSCI USA Min Vol Factor ETF accounts for approximately 1.7% of Junto Capital Management LP’s investment portfolio, making the stock its 19th biggest position. Junto Capital Management LP owned 0.35% of iShares MSCI USA Min Vol Factor ETF as of its most recent SEC filing.

Several other large investors have also modified their holdings of USMV. Chapman Financial Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth approximately $29,000. Manning & Napier Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $30,000. Grey Fox Wealth Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $35,000. Howe & Rusling Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 141.8% in the 2nd quarter. Howe & Rusling Inc. now owns 515 shares of the company’s stock valued at $48,000 after acquiring an additional 302 shares during the last quarter. Finally, Steigerwald Gordon & Koch Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter worth $48,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.1%

BATS:USMV opened at $95.07 on Monday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $98.07. The company has a market cap of $24.26 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The stock has a fifty day simple moving average of $95.50 and a 200-day simple moving average of $94.65.

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.