iShares MSCI USA Min Vol Factor ETF $USMV Shares Acquired by Consolidated Portfolio Review Corp

Consolidated Portfolio Review Corp lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.4% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 8,137 shares of the company’s stock after buying an additional 415 shares during the period. Consolidated Portfolio Review Corp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $764,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in USMV. Wealth Enhancement Advisory Services LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 102.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock worth $620,423,000 after purchasing an additional 3,352,591 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter worth approximately $130,668,000. JPMorgan Chase & Co. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 17.3% during the first quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock worth $360,219,000 after purchasing an additional 568,565 shares in the last quarter. Truist Financial Corp increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 147.7% during the second quarter. Truist Financial Corp now owns 731,634 shares of the company’s stock worth $68,678,000 after purchasing an additional 436,281 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 400.2% during the first quarter. Russell Investments Group Ltd. now owns 538,501 shares of the company’s stock worth $50,436,000 after purchasing an additional 430,843 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $95.01 on Thursday. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12. The stock has a market capitalization of $24.25 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The stock has a 50 day moving average price of $93.78 and a 200 day moving average price of $92.77.

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.