iShares MSCI USA Min Vol Factor ETF $USMV Shares Bought by Barrett & Company Inc.

Barrett & Company Inc. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 168,720 shares of the company’s stock after acquiring an additional 10,077 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises approximately 5.5% of Barrett & Company Inc.’s holdings, making the stock its 3rd largest holding. Barrett & Company Inc. owned about 0.07% of iShares MSCI USA Min Vol Factor ETF worth $16,052,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Avion Wealth raised its holdings in iShares MSCI USA Min Vol Factor ETF by 88.8% during the second quarter. Avion Wealth now owns 304 shares of the company’s stock worth $28,000 after purchasing an additional 143 shares in the last quarter. Chapman Financial Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $29,000. Manning & Napier Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $30,000. Grey Fox Wealth Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth $35,000. Finally, Phillips Financial Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $46,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 7.0%

Shares of USMV stock opened at $94.86 on Friday. The stock has a 50-day simple moving average of $94.34 and a 200 day simple moving average of $94.00. The stock has a market capitalization of $24.21 billion, a P/E ratio of 22.90 and a beta of 0.72. 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.

iShares MSCI USA Min Vol Factor ETF Company Profile

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.