Allianz SE Makes New $5.10 Million Investment in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Allianz SE acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 57,472 shares of the company’s stock, valued at approximately $5,099,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BNP Paribas Financial Markets lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,017 shares of the company’s stock worth $458,000 after buying an additional 243 shares during the last quarter. Rockefeller Capital Management L.P. lifted its position in iShares MSCI USA Min Vol Factor ETF by 0.3% in the third quarter. Rockefeller Capital Management L.P. now owns 187,402 shares of the company’s stock valued at $17,068,000 after acquiring an additional 611 shares during the last quarter. Flow Traders U.S. LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 194.5% in the third quarter. Flow Traders U.S. LLC now owns 65,857 shares of the company’s stock valued at $6,013,000 after acquiring an additional 43,494 shares in the last quarter. Tradition Wealth Management LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 3.5% during the third quarter. Tradition Wealth Management LLC now owns 133,097 shares of the company’s stock worth $12,153,000 after purchasing an additional 4,528 shares during the last quarter. Finally, Benjamin Edwards Inc. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 301.4% during the third quarter. Benjamin Edwards Inc. now owns 8,583 shares of the company’s stock worth $784,000 after purchasing an additional 6,445 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.6 %

Shares of BATS USMV opened at $92.75 on Friday. The business has a 50-day moving average price of $92.67 and a 200 day moving average price of $91.76. The stock has a market cap of $24.21 billion, a PE ratio of 24.03 and a beta of 0.77. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $79.69 and a 52-week high of $95.12.

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.