iShares MSCI USA Min Vol Factor ETF $USMV Stock Holdings Boosted by Syntax Research Inc.

Syntax Research Inc. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.1% in the third quarter, Holdings Channel.com reports. The fund owned 119,074 shares of the company’s stock after purchasing an additional 5,786 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 8.4% of Syntax Research Inc.’s portfolio, making the stock its 4th largest position. Syntax Research Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $11,603,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Cetera Investment Advisers increased its stake in iShares MSCI USA Min Vol Factor ETF by 1.9% in the first quarter. Cetera Investment Advisers now owns 2,162,456 shares of the company’s stock valued at $200,546,000 after acquiring an additional 39,289 shares during the period. Commonwealth Equity Services LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter worth about $171,412,000. Sei Investments Co. raised its position in iShares MSCI USA Min Vol Factor ETF by 1.9% in the first quarter. Sei Investments Co. now owns 1,560,042 shares of the company’s stock worth $144,677,000 after purchasing an additional 28,733 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 99.3% during the first quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock worth $106,053,000 after purchasing an additional 569,762 shares during the period. Finally, Apollon Wealth Management LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 1,040.9% during the third quarter. Apollon Wealth Management LLC now owns 989,315 shares of the company’s stock worth $96,399,000 after purchasing an additional 902,603 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 1.7%

Shares of USMV opened at $102.96 on Tuesday. The company has a 50-day moving average price of $100.59 and a two-hundred day moving average price of $97.24. The stock has a market cap of $24.10 billion, a price-to-earnings ratio of 23.08 and a beta of 0.63. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $104.75.

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.