Perryman Financial Advisory Inc. AD Invests $3.17 Million in iShares MSCI USA Min Vol Factor ETF $USMV

Perryman Financial Advisory Inc. AD purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 33,646 shares of the company’s stock, valued at approximately $3,168,000.

Several other institutional investors and hedge funds have also modified their holdings of USMV. Junto Capital Management LP purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth $85,107,000. BNP Paribas Financial Markets raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 10,472.3% during the 4th quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock valued at $75,398,000 after purchasing an additional 793,173 shares during the period. Two Sigma Investments LP raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 26.1% during the 3rd quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock valued at $260,056,000 after purchasing an additional 565,200 shares during the period. Morgan Stanley raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.2% during the 4th quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock valued at $1,434,701,000 after purchasing an additional 465,870 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 18.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock valued at $271,634,000 after purchasing an additional 452,184 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $96.05 on Monday. The company has a market capitalization of $24.51 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $98.07. The company’s fifty day moving average price is $94.89 and its 200-day moving average price is $94.84.

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.