iShares MSCI USA Min Vol Factor ETF $USMV Shares Acquired by Syntax Research Inc.

Syntax Research Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 119,074 shares of the company’s stock after buying an additional 5,786 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises 8.4% of Syntax Research Inc.’s portfolio, making the stock its 4th biggest holding. Syntax Research Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $11,603,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in USMV. Burton Enright Welch bought a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at about $2,463,000. Avantax Planning Partners Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at approximately $501,000. Brighton Jones LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $1,008,000. StoneX Group Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $1,085,000. Finally, Leelyn Smith LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.7% in the 3rd quarter. Leelyn Smith LLC now owns 168,833 shares of the company’s stock worth $16,451,000 after acquiring an additional 2,874 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 1.7%

Shares of BATS:USMV opened at $102.96 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $104.75. The firm has a market capitalization of $24.10 billion, a PE ratio of 23.08 and a beta of 0.63. The business’s 50 day moving average is $100.59 and its 200-day moving average is $97.24.

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.