BNP Paribas Financial Markets Acquires 243 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

BNP Paribas Financial Markets grew its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,017 shares of the company’s stock after purchasing an additional 243 shares during the period. BNP Paribas Financial Markets’ holdings in iShares MSCI USA Min Vol Factor ETF were worth $458,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Headlands Technologies LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $30,000. Hantz Financial Services Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $33,000. Fortitude Family Office LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $38,000. Bfsg LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% during the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after purchasing an additional 228 shares in the last quarter. Finally, Arrow Financial Corp bought a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at about $45,000.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.3 %

BATS:USMV opened at $91.67 on Friday. The firm has a market cap of $26.86 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The company’s 50-day moving average price is $92.32 and its two-hundred day moving average price is $88.80.

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.