Sei Investments Co. Acquires 28,733 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Sei Investments Co. increased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,560,042 shares of the company’s stock after purchasing an additional 28,733 shares during the period. Sei Investments Co. owned 0.61% of iShares MSCI USA Min Vol Factor ETF worth $144,677,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 12.9% during the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after acquiring an additional 1,291 shares in the last quarter. Jane Street Group LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 366.3% in the 1st quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after acquiring an additional 27,868 shares during the last quarter. Hsbc Holdings PLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth $399,000. First Trust Advisors LP lifted its stake in iShares MSCI USA Min Vol Factor ETF by 39.0% in the 2nd quarter. First Trust Advisors LP now owns 7,845 shares of the company’s stock worth $736,000 after purchasing an additional 2,201 shares in the last quarter. Finally, Qube Research & Technologies Ltd lifted its stake in iShares MSCI USA Min Vol Factor ETF by 465.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 244,764 shares of the company’s stock worth $22,976,000 after purchasing an additional 201,483 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.1%

USMV opened at $96.11 on Friday. The company has a market capitalization of $24.53 billion, a PE ratio of 22.90 and a beta of 0.72. The firm has a 50-day simple moving average of $96.24 and a two-hundred day simple moving average of $95.22. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $98.73.

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.