iShares MSCI USA Min Vol Factor ETF $USMV Shares Purchased by Ascent Group LLC

Ascent Group LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1,116.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 308,114 shares of the company’s stock after acquiring an additional 282,778 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up approximately 1.1% of Ascent Group LLC’s holdings, making the stock its 17th biggest holding. Ascent Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $28,923,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of USMV. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 102.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock valued at $620,423,000 after purchasing an additional 3,352,591 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at $130,668,000. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 17.3% in the 1st quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock valued at $360,219,000 after purchasing an additional 568,565 shares during the last quarter. Truist Financial Corp boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 147.7% in the 2nd quarter. Truist Financial Corp now owns 731,634 shares of the company’s stock valued at $68,678,000 after purchasing an additional 436,281 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 400.2% in the 1st quarter. Russell Investments Group Ltd. now owns 538,501 shares of the company’s stock valued at $50,436,000 after purchasing an additional 430,843 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 7.3%

Shares of USMV opened at $95.14 on Friday. The firm has a market cap of $24.28 billion, a PE ratio of 22.90 and a beta of 0.72. The company’s fifty day moving average is $93.82 and its two-hundred day moving average is $92.80. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $95.12.

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.