Saxon Interests Inc. Grows Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Saxon Interests Inc. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.9% in the 4th quarter, HoldingsChannel reports. The fund owned 17,791 shares of the company’s stock after buying 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 quarter.

Several other institutional investors and hedge funds have also bought and sold shares of USMV. Fortitude Family Office LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $38,000. Bfsg LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 116.9% during the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after purchasing an additional 228 shares during the last quarter. Arrow Financial Corp purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $45,000. Eastern Bank bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $92,000. Finally, American Capital Advisory LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1,460.0% during the third quarter. American Capital Advisory LLC now owns 1,014 shares of the company’s stock valued at $93,000 after buying an additional 949 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 1.6 %

Shares of USMV stock opened at $90.04 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The stock has a fifty day moving average of $91.23 and a 200 day moving average of $89.86. The firm has a market capitalization of $26.38 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.