Global Strategic Investment Solutions LLC Takes Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Global Strategic Investment Solutions LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,447 shares of the company’s stock, valued at approximately $217,000.

Several other institutional investors have also recently added to or reduced their stakes in USMV. Lockheed Martin Investment Management Co. acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $62,801,000. LPL Financial LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after acquiring an additional 346,414 shares in the last quarter. Strategic Financial Concepts LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $16,911,000. Millburn Ridgefield Corp raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% during the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after purchasing an additional 180,849 shares during the period. Finally, World Investment Advisors LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 343.1% during the third quarter. World Investment Advisors LLC now owns 224,878 shares of the company’s stock worth $20,534,000 after purchasing an additional 174,130 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $94.37 on Tuesday. The stock has a market capitalization of $23.98 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The company’s fifty day moving average is $91.29 and its two-hundred day moving average is $91.44.

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.