Oppenheimer & Co. Inc. Has $680,000 Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Oppenheimer & Co. Inc. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 21.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,447 shares of the company’s stock after buying an additional 1,326 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $680,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of USMV. Headlands Technologies LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $30,000. Gleason Group Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $32,000. Hantz Financial Services Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $33,000. Strategic Financial Concepts LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $35,000. Finally, Fortitude Family Office LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $38,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $91.37 on Wednesday. The business’s fifty day moving average price is $91.50 and its two-hundred day moving average price is $87.56. 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 stock has a market capitalization of $26.77 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

About iShares MSCI USA Min Vol Factor ETF

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.