Bessemer Group Inc. Purchases 3,085 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Bessemer Group Inc. grew its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 22.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,786 shares of the company’s stock after buying an additional 3,085 shares during the quarter. Bessemer Group Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,576,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Banco Santander S.A. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 94.6% during the 2nd quarter. Banco Santander S.A. now owns 161,696 shares of the company’s stock worth $15,178,000 after acquiring an additional 78,619 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $16,984,000. MorganRosel Wealth Management LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 14.7% during the second quarter. MorganRosel Wealth Management LLC now owns 116,624 shares of the company’s stock valued at $10,947,000 after purchasing an additional 14,963 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% during the second quarter. Envestnet Asset Management Inc. now owns 4,686,964 shares of the company’s stock valued at $439,962,000 after purchasing an additional 81,787 shares in the last quarter. Finally, Wealthfront Advisers LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 46.7% during the second quarter. Wealthfront Advisers LLC now owns 9,831 shares of the company’s stock valued at $923,000 after buying an additional 3,128 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.1%

iShares MSCI USA Min Vol Factor ETF stock opened at $93.20 on Friday. The firm has a market cap of $23.78 billion, a P/E ratio of 22.90 and a beta of 0.72. The business has a fifty day moving average of $94.25 and a two-hundred day moving average of $93.28. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $95.12.

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.