Invariant Investment Management Takes Position in iShares MSCI USA Min Vol Factor ETF $USMV

Invariant Investment Management acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the second quarter, HoldingsChannel reports. The fund acquired 51,863 shares of the company’s stock, valued at approximately $5,077,000. iShares MSCI USA Min Vol Factor ETF accounts for 3.0% of Invariant Investment Management’s investment portfolio, making the stock its 9th biggest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% in the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after acquiring an additional 1,291 shares during the period. Jane Street Group LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 366.3% in the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after acquiring an additional 27,868 shares during the period. Hsbc Holdings PLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at about $399,000. First Trust Advisors LP boosted its position in iShares MSCI USA Min Vol Factor ETF by 39.0% in the second quarter. First Trust Advisors LP now owns 7,845 shares of the company’s stock worth $736,000 after purchasing an additional 2,201 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its position in iShares MSCI USA Min Vol Factor ETF by 465.5% in the second quarter. Qube Research & Technologies Ltd now owns 244,764 shares of the company’s stock worth $22,976,000 after purchasing an additional 201,483 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.6%

iShares MSCI USA Min Vol Factor ETF stock opened at $100.62 on Friday. The business has a 50-day simple moving average of $96.80 and a two-hundred day simple moving average of $95.54. The company has a market cap of $25.68 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $100.72.

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.