iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stock Holdings Boosted by New Century Financial Group LLC

New Century Financial Group LLC lifted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 13.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 23,657 shares of the company’s stock after buying an additional 2,841 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up 0.8% of New Century Financial Group LLC’s holdings, making the stock its 24th largest position. New Century Financial Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,160,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of USMV. Headlands Technologies LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $30,000. Gleason Group Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at approximately $32,000. Hantz Financial Services Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth approximately $33,000. Strategic Financial Concepts LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter worth approximately $35,000. Finally, Bfsg LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after buying an additional 228 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $92.87 on Friday. The company has a market capitalization of $27.21 billion, a PE ratio of 25.30 and a beta of 0.59. The stock has a fifty day moving average of $90.67 and a 200-day moving average of $85.96. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45.

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.