Eastern Bank Takes Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Eastern Bank bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 1,007 shares of the company’s stock, valued at approximately $92,000.

Several other large investors have also recently added to or reduced their stakes in USMV. Cetera Investment Advisers increased its stake in iShares MSCI USA Min Vol Factor ETF by 270.9% during the 1st quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock worth $158,465,000 after buying an additional 1,384,833 shares during the period. Dynasty Wealth Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $83,046,000. Carrera Capital Advisors acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $33,148,000. Symmetry Partners LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 75.6% during the 2nd quarter. Symmetry Partners LLC now owns 769,232 shares of the company’s stock worth $64,585,000 after acquiring an additional 331,096 shares in the last quarter. Finally, Granite Bay Wealth Management LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 5,487.5% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 331,843 shares of the company’s stock worth $27,303,000 after acquiring an additional 325,904 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.6 %

BATS USMV opened at $91.00 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 market capitalization of $26.66 billion, a PE ratio of 25.30 and a beta of 0.59. The firm has a 50 day moving average of $91.06 and a two-hundred day moving average of $86.26.

iShares MSCI USA Min Vol Factor ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding USMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report).

Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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