Global Retirement Partners LLC Has $5.76 Million Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

Global Retirement Partners LLC lifted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 38.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 61,143 shares of the company’s stock after buying an additional 17,138 shares during the quarter. Global Retirement Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,757,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of USMV. Junto Capital Management LP acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth $85,107,000. Two Sigma Investments LP lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 26.1% in the third quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock worth $260,056,000 after buying an additional 565,200 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 18.5% in the second quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock worth $271,634,000 after buying an additional 452,184 shares during the last quarter. Barclays PLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 238.2% in the third quarter. Barclays PLC now owns 500,271 shares of the company’s stock worth $47,596,000 after buying an additional 352,366 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 62.1% in the third quarter. Russell Investments Group Ltd. now owns 898,946 shares of the company’s stock worth $85,526,000 after buying an additional 344,482 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.1%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $96.04 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $98.07. The firm has a fifty day simple moving average of $93.97 and a 200-day simple moving average of $94.53. The stock has a market capitalization of $24.51 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

About iShares MSCI USA Min Vol Factor ETF

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.