Intrust Bank NA Increases Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Intrust Bank NA grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.6% in the 4th quarter, HoldingsChannel reports. The firm owned 202,328 shares of the company’s stock after acquiring an additional 7,085 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 1.6% of Intrust Bank NA’s investment portfolio, making the stock its 12th biggest holding. Intrust Bank NA’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $19,051,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Mullooly Asset Management Inc. increased its holdings in iShares MSCI USA Min Vol Factor ETF by 10.3% in the 4th quarter. Mullooly Asset Management Inc. now owns 39,269 shares of the company’s stock worth $3,698,000 after acquiring an additional 3,672 shares during the last quarter. Csenge Advisory Group increased its holdings in iShares MSCI USA Min Vol Factor ETF by 0.4% in the 4th quarter. Csenge Advisory Group now owns 69,085 shares of the company’s stock worth $6,505,000 after acquiring an additional 283 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in iShares MSCI USA Min Vol Factor ETF by 1.8% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 271,919 shares of the company’s stock worth $25,604,000 after acquiring an additional 4,695 shares during the last quarter. Entrust Financial LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $35,000. Finally, Mission Wealth Management LP increased its holdings in iShares MSCI USA Min Vol Factor ETF by 31.3% in the 4th quarter. Mission Wealth Management LP now owns 9,891 shares of the company’s stock worth $931,000 after acquiring an additional 2,358 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $95.79 on Wednesday. The business has a 50-day moving average of $93.98 and a 200 day moving average of $94.49. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $98.07. The firm has a market cap of $24.45 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.