iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Bought by Syntegra Private Wealth Group LLC

Syntegra Private Wealth Group LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 208,087 shares of the company’s stock after purchasing an additional 4,166 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises approximately 2.2% of Syntegra Private Wealth Group LLC’s holdings, making the stock its 12th biggest position. Syntegra Private Wealth Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $19,000,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Greenleaf Trust grew its position in iShares MSCI USA Min Vol Factor ETF by 2.7% during the 3rd quarter. Greenleaf Trust now owns 10,457 shares of the company’s stock worth $955,000 after purchasing an additional 275 shares during the period. WT Wealth Management grew its position in iShares MSCI USA Min Vol Factor ETF by 5.6% during the 3rd quarter. WT Wealth Management now owns 26,441 shares of the company’s stock worth $2,456,000 after purchasing an additional 1,404 shares during the period. Eastern Bank acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $92,000. Sweeney & Michel LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 4.5% during the 3rd quarter. Sweeney & Michel LLC now owns 17,265 shares of the company’s stock worth $1,603,000 after purchasing an additional 745 shares during the period. Finally, Foundations Investment Advisors LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 5.3% during the 3rd quarter. Foundations Investment Advisors LLC now owns 66,647 shares of the company’s stock worth $6,086,000 after purchasing an additional 3,369 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.4 %

Shares of BATS:USMV traded down $0.36 during trading on Wednesday, reaching $92.09. 904,065 shares of the company’s stock traded hands. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The firm has a market cap of $26.98 billion, a PE ratio of 25.30 and a beta of 0.59. The company has a 50-day simple moving average of $90.88 and a 200-day simple moving average of $86.13.

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.