iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Acquired by Spectrum Asset Management Inc. NB CA

Spectrum Asset Management Inc. NB CA grew its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 118,553 shares of the company’s stock after buying an additional 822 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 4.6% of Spectrum Asset Management Inc. NB CA’s holdings, making the stock its 4th biggest holding. Spectrum Asset Management Inc. NB CA’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,825,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the business. Headlands Technologies LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $30,000. Gleason Group Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $32,000. Hantz Financial Services Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $33,000. Strategic Financial Concepts LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $35,000. Finally, Bfsg LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 116.9% in the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after purchasing an additional 228 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.2 %

BATS:USMV opened at $91.90 on Thursday. The business’s 50-day moving average price is $90.96 and its two-hundred day moving average price is $86.17. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The stock has a market cap of $26.93 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.