Indiana Trust & Investment Management CO Increases Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Indiana Trust & Investment Management CO lifted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 377.1% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 811 shares of the company’s stock after purchasing an additional 641 shares during the period. Indiana Trust & Investment Management CO’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $68,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Raymond James & Associates raised its position in iShares MSCI USA Min Vol Factor ETF by 0.8% in the fourth quarter. Raymond James & Associates now owns 16,080,799 shares of the company’s stock worth $1,254,785,000 after acquiring an additional 122,005 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 16.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 7,172,429 shares of the company’s stock worth $519,140,000 after purchasing an additional 1,000,764 shares in the last quarter. Alaska Permanent Fund Corp raised its holdings in iShares MSCI USA Min Vol Factor ETF by 4.4% in the 1st quarter. Alaska Permanent Fund Corp now owns 3,947,820 shares of the company’s stock worth $329,959,000 after purchasing an additional 167,538 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 31.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,170,418 shares of the company’s stock valued at $264,984,000 after purchasing an additional 755,493 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $216,845,000.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.1 %

BATS USMV opened at $83.96 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 company has a market capitalization of $24.60 billion, a P/E ratio of 25.30 and a beta of 0.59. The stock’s 50-day moving average price is $82.73 and its 200-day moving average price is $81.16.

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.