iShares MSCI USA Min Vol Factor ETF $USMV Shares Purchased by First Trust Advisors LP

First Trust Advisors LP lifted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 967.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 93,487 shares of the company’s stock after purchasing an additional 84,729 shares during the quarter. First Trust Advisors LP’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $8,670,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Morgan Stanley boosted its stake in iShares MSCI USA Min Vol Factor ETF by 3.2% during the fourth quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock worth $1,434,701,000 after buying an additional 465,870 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% in the 4th quarter. Raymond James Financial Inc. now owns 13,773,118 shares of the company’s stock worth $1,296,877,000 after acquiring an additional 251,970 shares during the last quarter. Catalyst Capital Advisors LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 13.0% in the 1st quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock worth $393,458,000 after acquiring an additional 489,637 shares during the last quarter. UBS Group AG raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.3% during the 3rd quarter. UBS Group AG now owns 3,545,978 shares of the company’s stock worth $337,364,000 after acquiring an additional 80,056 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.9% during the 4th quarter. JPMorgan Chase & Co. now owns 3,542,763 shares of the company’s stock worth $333,587,000 after acquiring an additional 198,476 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.1%

Shares of USMV stock opened at $97.93 on Friday. The company’s 50-day moving average price is $96.48 and its 200-day moving average price is $95.36. The stock has a market cap of $24.99 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $91.02 and a twelve month high of $99.34.

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.