TritonPoint Partners LLC Purchases New Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

TritonPoint Partners LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 14,747 shares of the company’s stock, valued at approximately $1,389,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Morgan Stanley grew its holdings in iShares MSCI USA Min Vol Factor ETF by 3.2% during the fourth quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock valued at $1,434,701,000 after purchasing an additional 465,870 shares during the period. Bank of America Corp DE boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.7% during the third quarter. Bank of America Corp DE now owns 13,794,595 shares of the company’s stock valued at $1,312,418,000 after buying an additional 98,221 shares during the period. Raymond James Financial Inc. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 1.5% during the third quarter. Raymond James Financial Inc. now owns 13,521,148 shares of the company’s stock valued at $1,286,402,000 after buying an additional 206,108 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 2.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,977,742 shares of the company’s stock valued at $659,752,000 after buying an additional 145,843 shares during the period. Finally, UBS Group AG boosted its stake in iShares MSCI USA Min Vol Factor ETF by 2.3% during the third quarter. UBS Group AG now owns 3,545,978 shares of the company’s stock valued at $337,364,000 after buying an additional 80,056 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $96.05 on Monday. The stock has a fifty day moving average of $94.89 and a 200 day moving average of $94.84. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $98.07. The firm has a market capitalization of $24.51 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.