Park Avenue Securities LLC Raises Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Park Avenue Securities LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 26.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 238,365 shares of the company’s stock after purchasing an additional 49,180 shares during the period. Park Avenue Securities LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $21,164,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Carrera Capital Advisors purchased a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at $33,148,000. LPL Financial LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after purchasing an additional 346,414 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $18,422,000. Bank of Montreal Can boosted its stake in iShares MSCI USA Min Vol Factor ETF by 572.4% in the 2nd quarter. Bank of Montreal Can now owns 250,380 shares of the company’s stock worth $21,142,000 after purchasing an additional 213,145 shares in the last quarter. Finally, Magnolia Capital Advisors LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 867.8% during the 2nd quarter. Magnolia Capital Advisors LLC now owns 219,897 shares of the company’s stock valued at $18,463,000 after purchasing an additional 197,175 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $88.64 on Wednesday. The company has a 50-day simple moving average of $91.36 and a two-hundred day simple moving average of $89.87. The stock has a market capitalization of $25.97 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45.

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.