FineMark National Bank & Trust boosted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 11.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,354 shares of the company’s stock after purchasing an additional 456 shares during the quarter. FineMark National Bank & Trust’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $387,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of the business. Larson Financial Group LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 147.2% during the 3rd quarter. Larson Financial Group LLC now owns 3,270 shares of the company’s stock worth $299,000 after acquiring an additional 1,947 shares during the period. D.A. Davidson & CO. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 1.8% during the third quarter. D.A. Davidson & CO. now owns 131,331 shares of the company’s stock worth $11,992,000 after purchasing an additional 2,350 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,017 shares of the company’s stock valued at $458,000 after purchasing an additional 243 shares in the last quarter. RPg Family Wealth Advisory LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $134,000. Finally, Bell Investment Advisors Inc raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 42.2% during the 3rd quarter. Bell Investment Advisors Inc now owns 38,509 shares of the company’s stock worth $3,516,000 after buying an additional 11,432 shares in the last quarter.
iShares MSCI USA Min Vol Factor ETF Stock Up 5.1 %
BATS:USMV opened at $93.13 on Thursday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $79.69 and a twelve month high of $95.12. The stock’s 50-day simple moving average is $92.54 and its 200 day simple moving average is $91.72. The firm has a market capitalization of $24.31 billion, a PE ratio of 24.03 and a beta of 0.77.
iShares MSCI USA Min Vol Factor ETF 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.
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