Strategic Point Investment Advisors LLC Increases Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Strategic Point Investment Advisors LLC raised its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,452 shares of the company’s stock after purchasing an additional 1,804 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for approximately 0.6% of Strategic Point Investment Advisors LLC’s investment portfolio, making the stock its 21st largest holding. Strategic Point Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,891,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,675,665 shares of the company’s stock valued at $628,581,000 after purchasing an additional 51,463 shares during the last quarter. LPL Financial LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 3.4% in the first quarter. LPL Financial LLC now owns 5,876,594 shares of the company’s stock valued at $550,402,000 after purchasing an additional 190,680 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in iShares MSCI USA Min Vol Factor ETF by 2.5% in the first quarter. Envestnet Asset Management Inc. now owns 4,605,177 shares of the company’s stock valued at $431,321,000 after purchasing an additional 112,814 shares during the last quarter. JPMorgan Chase & Co. grew its stake in iShares MSCI USA Min Vol Factor ETF by 17.3% in the first quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock valued at $360,219,000 after purchasing an additional 568,565 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in iShares MSCI USA Min Vol Factor ETF by 10.7% in the first quarter. Ameriprise Financial Inc. now owns 2,440,656 shares of the company’s stock valued at $228,646,000 after purchasing an additional 235,117 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $94.01 on Friday. The business’s 50-day moving average is $94.00 and its two-hundred day moving average is $92.88. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.12. The firm has a market capitalization of $23.99 billion, a PE ratio of 22.90 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF 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.