Syntegra Private Wealth Group LLC Buys 1,541 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Syntegra Private Wealth Group LLC lifted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 209,628 shares of the company’s stock after buying an additional 1,541 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises approximately 2.1% 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 $18,613,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in USMV. Lockheed Martin Investment Management Co. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $62,801,000. LPL Financial LLC increased its holdings in shares of 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 purchasing an additional 346,414 shares during the last quarter. World Investment Advisors LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 343.1% in the third quarter. World Investment Advisors LLC now owns 224,878 shares of the company’s stock valued at $20,534,000 after purchasing an additional 174,130 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $15,482,000. Finally, Avidian Wealth Enterprises LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2,578.5% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 173,645 shares of the company’s stock worth $15,856,000 after buying an additional 167,162 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $93.12 on Thursday. The firm’s 50-day simple moving average is $90.85 and its 200 day simple moving average is $90.51. The firm has a market cap of $27.28 billion, a P/E 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.