iShares MSCI USA Min Vol Factor ETF $USMV Position Boosted by Syntax Research Inc.

Syntax Research Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 87.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,354 shares of the company’s stock after purchasing an additional 14,120 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises 1.8% of Syntax Research Inc.’s portfolio, making the stock its 16th largest holding. Syntax Research Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,815,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Junto Capital Management LP purchased a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $85,107,000. Ritholtz Wealth Management acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at $74,238,000. BNP Paribas Financial Markets grew its holdings 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 acquiring an additional 793,173 shares in the last quarter. Two Sigma Investments LP grew its holdings 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 acquiring an additional 565,200 shares in the last quarter. Finally, Catalyst Capital Advisors LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 13.0% in the first quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock worth $393,458,000 after acquiring an additional 489,637 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.4%

Shares of BATS:USMV opened at $96.89 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $98.07. The business has a fifty day simple moving average of $95.29 and a 200 day simple moving average of $94.92. The firm has a market cap of $24.73 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.