BNP Paribas Financial Markets Has $458,000 Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

BNP Paribas Financial Markets grew its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,017 shares of the company’s stock after purchasing an additional 243 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares MSCI USA Min Vol Factor ETF were worth $458,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Carrera Capital Advisors bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $33,148,000. LPL Financial LLC lifted its stake 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 during the last quarter. Sanctuary Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $18,422,000. Bank of Montreal Can increased its stake 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 worth $21,142,000 after purchasing an additional 213,145 shares during the last quarter. Finally, Magnolia Capital Advisors LLC raised its holdings in shares of 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 valued at $18,463,000 after purchasing an additional 197,175 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $91.67 on Friday. The company has a 50-day simple moving average of $92.32 and a 200 day simple moving average of $88.80. The company has a market capitalization of $26.86 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.