Greenleaf Trust Acquires 6,484 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Greenleaf Trust bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 6,484 shares of the company’s stock, valued at approximately $632,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of USMV. Elevation Capital Advisory LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 16.5% during the 3rd quarter. Elevation Capital Advisory LLC now owns 15,791 shares of the company’s stock valued at $1,539,000 after buying an additional 2,233 shares in the last quarter. Vise Technologies Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 13.2% in the third quarter. Vise Technologies Inc. now owns 82,853 shares of the company’s stock worth $8,073,000 after acquiring an additional 9,662 shares during the last quarter. Investment Partners LTD. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth $5,190,000. Global Assets Advisory LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 67.7% during the third quarter. Global Assets Advisory LLC now owns 34,182 shares of the company’s stock valued at $3,379,000 after acquiring an additional 13,803 shares in the last quarter. Finally, Summit Global Investments increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 163.1% during the third quarter. Summit Global Investments now owns 11,154 shares of the company’s stock valued at $1,087,000 after acquiring an additional 6,914 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $104.50 on Thursday. The stock has a 50-day moving average price of $100.58 and a 200-day moving average price of $97.13. The firm has a market cap of $26.67 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $104.56.

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.