BankPlus Trust Department Purchases Shares of 813 iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

BankPlus Trust Department purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 813 shares of the company’s stock, valued at approximately $72,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. increased its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock valued at $904,426,000 after buying an additional 91,948 shares during the last quarter. LPL Financial LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after buying an additional 346,414 shares during the last quarter. Millburn Ridgefield Corp increased its stake in iShares MSCI USA Min Vol Factor ETF by 5.2% in the 4th quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after buying an additional 180,849 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 0.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock valued at $294,542,000 after buying an additional 21,739 shares during the last quarter. Finally, Cerity Partners LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% in the 3rd quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock valued at $194,871,000 after buying an additional 17,264 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.4 %

Shares of USMV stock opened at $93.47 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The firm’s fifty day moving average price is $90.80 and its two-hundred day moving average price is $91.16. The firm has a market capitalization of $23.75 billion, a P/E ratio of 24.43 and a beta of 0.79.

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.