Avalon Trust Co Boosts Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Avalon Trust Co grew its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 56.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,350 shares of the company’s stock after purchasing an additional 2,300 shares during the period. Avalon Trust Co’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $596,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Caisse DE Depot ET Placement DU Quebec bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth about $130,668,000. JPMorgan Chase & Co. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 17.3% during the 1st quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock worth $360,219,000 after buying an additional 568,565 shares in the last quarter. Truist Financial Corp boosted its stake 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 worth $68,678,000 after buying an additional 436,281 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 400.2% in the first quarter. Russell Investments Group Ltd. now owns 538,501 shares of the company’s stock valued at $50,436,000 after acquiring an additional 430,843 shares in the last quarter. Finally, Ascent Group LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1,116.1% in the second quarter. Ascent Group LLC now owns 308,114 shares of the company’s stock valued at $28,923,000 after acquiring an additional 282,778 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.6%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.51 on Thursday. The business’s fifty day simple moving average is $94.11 and its 200 day simple moving average is $93.48. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $95.12. The firm has a market capitalization of $24.12 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.