Saxon Interests Inc. Acquires 165 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Saxon Interests Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.9% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,791 shares of the company’s stock after acquiring an additional 165 shares during the quarter. Saxon Interests Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,580,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Carrera Capital Advisors purchased a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter worth $33,148,000. LPL Financial LLC boosted its holdings 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 in the last quarter. Sanctuary Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $18,422,000. Bank of Montreal Can raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 572.4% during the 2nd quarter. Bank of Montreal Can now owns 250,380 shares of the company’s stock valued at $21,142,000 after buying an additional 213,145 shares in the last quarter. Finally, Magnolia Capital Advisors LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 867.8% in the 2nd quarter. Magnolia Capital Advisors LLC now owns 219,897 shares of the company’s stock worth $18,463,000 after buying an additional 197,175 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $90.04 on Friday. The stock has a market capitalization of $26.38 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The firm’s 50 day simple moving average is $91.23 and its two-hundred day simple moving average is $89.86.

iShares MSCI USA Min Vol Factor ETF Company 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.