Thrivent Financial for Lutherans Buys 1,785 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Thrivent Financial for Lutherans increased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.8% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 232,184 shares of the company’s stock after acquiring an additional 1,785 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares MSCI USA Min Vol Factor ETF were worth $19,494,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Personalized Indexing Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 16.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,655 shares of the company’s stock worth $559,000 after acquiring an additional 956 shares during the last quarter. Dravo Bay LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 11.2% during the second quarter. Dravo Bay LLC now owns 15,927 shares of the company’s stock valued at $1,337,000 after purchasing an additional 1,603 shares in the last quarter. Edgestream Partners L.P. purchased a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $975,000. Renaissance Technologies LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $1,369,000. Finally, Black Diamond Financial LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 4.4% in the 2nd quarter. Black Diamond Financial LLC now owns 20,332 shares of the company’s stock valued at $1,707,000 after buying an additional 859 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.2 %

iShares MSCI USA Min Vol Factor ETF stock opened at $91.47 on Wednesday. The stock has a market cap of $26.80 billion, a P/E ratio of 25.30 and a beta of 0.59. The company’s 50 day moving average price is $88.76 and its two-hundred day moving average price is $84.88. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week 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.