Jmac Enterprises LLC Increases Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Jmac Enterprises LLC raised its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.8% during the third quarter, Holdings Channel.com reports. The firm owned 94,994 shares of the company’s stock after purchasing an additional 4,342 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for about 1.4% of Jmac Enterprises LLC’s portfolio, making the stock its 18th largest position. Jmac Enterprises LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $8,674,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its stake in iShares MSCI USA Min Vol Factor ETF by 558.9% during the first quarter. BNP Paribas Financial Markets now owns 20,190 shares of the company’s stock worth $1,687,000 after purchasing an additional 17,126 shares during the last quarter. Custos Family Office LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 0.9% in the 1st quarter. Custos Family Office LLC now owns 144,340 shares of the company’s stock valued at $12,064,000 after buying an additional 1,223 shares during the last quarter. SG Americas Securities LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 292.2% in the first quarter. SG Americas Securities LLC now owns 57,256 shares of the company’s stock valued at $4,785,000 after buying an additional 42,659 shares during the last quarter. Adaptive Financial Consulting LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% during the first quarter. Adaptive Financial Consulting LLC now owns 223,098 shares of the company’s stock valued at $18,647,000 after purchasing an additional 3,044 shares in the last quarter. Finally, Facet Wealth Inc. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 42.0% during the first quarter. Facet Wealth Inc. now owns 286,617 shares of the company’s stock valued at $23,388,000 after acquiring an additional 84,781 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $92.45 on Thursday. The business has a 50 day moving average price of $91.18 and a two-hundred day moving average price of $86.87. The company has a market capitalization of $27.09 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

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.