Shore Point Advisors LLC Buys 8,132 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Shore Point Advisors LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 12.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 75,289 shares of the company’s stock after buying an additional 8,132 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up 3.2% of Shore Point Advisors LLC’s holdings, making the stock its 8th biggest holding. Shore Point Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,163,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of USMV. Brighton Jones LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% during the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after acquiring an additional 1,291 shares in the last quarter. Jane Street Group LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 366.3% in the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after purchasing an additional 27,868 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 48.7% during the first quarter. Jones Financial Companies Lllp now owns 535,735 shares of the company’s stock valued at $49,685,000 after purchasing an additional 175,467 shares in the last quarter. Salem Investment Counselors Inc. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 121.3% during the second quarter. Salem Investment Counselors Inc. now owns 17,259 shares of the company’s stock valued at $1,620,000 after purchasing an additional 9,460 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.2% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,118 shares of the company’s stock worth $293,000 after purchasing an additional 209 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $94.63 on Monday. The business has a 50 day moving average of $94.13 and a 200-day moving average of $93.94. The company has a market capitalization of $24.15 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year 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.