Global Retirement Partners LLC Purchases 73,454 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Global Retirement Partners LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 173.9% in the third quarter, according to its most recent filing with the SEC. The fund owned 115,700 shares of the company’s stock after acquiring an additional 73,454 shares during the quarter. Global Retirement Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,565,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of USMV. Cox Capital Mgt LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.4% during the 1st quarter. Cox Capital Mgt LLC now owns 6,109 shares of the company’s stock valued at $511,000 after acquiring an additional 313 shares during the last quarter. CVA Family Office LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 20.1% during the 1st quarter. CVA Family Office LLC now owns 4,336 shares of the company’s stock valued at $362,000 after buying an additional 727 shares during the period. Salem Investment Counselors Inc. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 30.5% during the 1st quarter. Salem Investment Counselors Inc. now owns 1,953 shares of the company’s stock valued at $163,000 after buying an additional 456 shares during the period. Ballentine Partners LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at $306,000. Finally, Anderson Hoagland & Co. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.9% during the 1st quarter. Anderson Hoagland & Co. now owns 140,610 shares of the company’s stock valued at $11,461,000 after buying an additional 1,270 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.5 %

BATS:USMV traded up $0.46 during midday trading on Thursday, hitting $92.70. 1,257,601 shares of the company traded hands. The firm’s fifty day moving average is $90.43 and its 200-day moving average is $85.82. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The firm has a market capitalization of $27.16 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.