International Assets Investment Management LLC Invests $1.47 Million in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

International Assets Investment Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 16,530 shares of the company’s stock, valued at approximately $1,466,000.

Other large investors have also added to or reduced their stakes in the company. SpiderRock Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at approximately $629,000. Headlands Technologies LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at $30,000. EdgeRock Capital LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 5.3% in the third quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after buying an additional 3,371 shares during the last quarter. Cullen Frost Bankers Inc. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 62,400.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 625 shares of the company’s stock valued at $52,000 after buying an additional 624 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock worth $19,494,000 after acquiring an additional 1,785 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $89.00 on Thursday. The firm has a market cap of $26.08 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The business has a 50-day moving average of $91.54 and a 200 day moving average of $89.72.

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.