Quantbot Technologies LP Makes New Investment in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Quantbot Technologies LP acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the fourth quarter, Holdings Channel.com reports. The firm acquired 5,978 shares of the company’s stock, valued at approximately $531,000.

Other institutional investors have also modified their holdings of the company. BNP Paribas Financial Markets raised its stake in iShares MSCI USA Min Vol Factor ETF by 5.1% in the third quarter. BNP Paribas Financial Markets now owns 5,017 shares of the company’s stock valued at $458,000 after buying an additional 243 shares in the last quarter. WFA of San Diego LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 7.4% during the third quarter. WFA of San Diego LLC now owns 4,677 shares of the company’s stock worth $427,000 after purchasing an additional 323 shares during the last quarter. Northwest & Ethical Investments L.P. increased its stake in iShares MSCI USA Min Vol Factor ETF by 104.3% in the third quarter. Northwest & Ethical Investments L.P. now owns 109,700 shares of the company’s stock valued at $10,017,000 after purchasing an additional 56,000 shares during the last quarter. Rockefeller Capital Management L.P. increased its stake in iShares MSCI USA Min Vol Factor ETF by 0.3% in the third quarter. Rockefeller Capital Management L.P. now owns 187,402 shares of the company’s stock valued at $17,068,000 after purchasing an additional 611 shares during the last quarter. Finally, Flow Traders U.S. LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 194.5% during the third quarter. Flow Traders U.S. LLC now owns 65,857 shares of the company’s stock worth $6,013,000 after purchasing an additional 43,494 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $93.50 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $79.69 and a one year high of $95.12. The stock has a market capitalization of $24.40 billion, a P/E ratio of 24.03 and a beta of 0.77. The business’s 50-day simple moving average is $92.61 and its 200-day simple moving average is $91.73.

iShares MSCI USA Min Vol Factor ETF Company 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.