Quantinno Capital Management LP Grows Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Quantinno Capital Management LP boosted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 149.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,366 shares of the company’s stock after buying an additional 3,819 shares during the period. Quantinno Capital Management LP’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $581,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Carrera Capital Advisors bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $33,148,000. LPL Financial LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after purchasing an additional 346,414 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $18,422,000. Bank of Montreal Can raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 572.4% in the second quarter. Bank of Montreal Can now owns 250,380 shares of the company’s stock valued at $21,142,000 after purchasing an additional 213,145 shares during the period. Finally, Magnolia Capital Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 867.8% in the 2nd quarter. Magnolia Capital Advisors LLC now owns 219,897 shares of the company’s stock worth $18,463,000 after acquiring an additional 197,175 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.3 %

Shares of USMV stock opened at $91.66 on Friday. The firm has a market capitalization of $26.86 billion, a P/E ratio of 25.30 and a beta of 0.59. The firm’s fifty day simple moving average is $92.34 and its 200 day simple moving average is $88.86. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45.

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.