Y Intercept Hong Kong Ltd Buys 16,367 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Y Intercept Hong Kong Ltd grew its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 245.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 23,032 shares of the company’s stock after acquiring an additional 16,367 shares during the period. Y Intercept Hong Kong Ltd’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,191,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Avion Wealth increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 88.8% during the second quarter. Avion Wealth now owns 304 shares of the company’s stock valued at $28,000 after buying an additional 143 shares during the period. Chapman Financial Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $29,000. Manning & Napier Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $30,000. Grey Fox Wealth Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at about $35,000. Finally, Phillips Financial Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $46,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $95.22 on Thursday. The company has a 50 day moving average price of $94.45 and a 200-day moving average price of $94.04. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $95.12. The stock has a market capitalization of $24.30 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.