BNP Paribas Financial Markets Has $75.40 Million Stake in iShares MSCI USA Min Vol Factor ETF $USMV

BNP Paribas Financial Markets grew its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 10,472.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 800,747 shares of the company’s stock after buying an additional 793,173 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares MSCI USA Min Vol Factor ETF were worth $75,398,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in USMV. Blueline Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $187,000. Savant Capital LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 0.8% in the 4th quarter. Savant Capital LLC now owns 97,101 shares of the company’s stock worth $9,143,000 after buying an additional 745 shares during the period. Houlihan Financial Resource Group Ltd. increased its position in iShares MSCI USA Min Vol Factor ETF by 143.0% in the 4th quarter. Houlihan Financial Resource Group Ltd. now owns 38,735 shares of the company’s stock worth $3,660,000 after buying an additional 22,795 shares during the period. Foundations Investment Advisors LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1.5% in the 4th quarter. Foundations Investment Advisors LLC now owns 52,236 shares of the company’s stock worth $4,919,000 after buying an additional 750 shares during the period. Finally, Thoroughbred Financial Services LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 14.6% in the 4th quarter. Thoroughbred Financial Services LLC now owns 16,532 shares of the company’s stock worth $1,556,000 after buying an additional 2,108 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.4%

Shares of BATS USMV opened at $96.95 on Tuesday. The business’s 50 day moving average is $94.23 and its two-hundred day moving average is $94.70. The company has a market cap of $24.74 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $98.07.

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.