Securian Asset Management Inc. Raises Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Securian Asset Management Inc. increased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 907,287 shares of the company’s stock after acquiring an additional 26,000 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for 2.3% of Securian Asset Management Inc.’s portfolio, making the stock its 7th largest holding. Securian Asset Management Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $86,319,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of USMV. Ameriprise Financial Inc. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 18.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock valued at $271,634,000 after buying an additional 452,184 shares in the last quarter. Cetera Investment Advisers raised its position in iShares MSCI USA Min Vol Factor ETF by 26.3% during the second quarter. Cetera Investment Advisers now owns 2,142,277 shares of the company’s stock valued at $201,096,000 after purchasing an additional 445,896 shares in the last quarter. Truist Financial Corp lifted its stake in iShares MSCI USA Min Vol Factor ETF by 147.7% during the second quarter. Truist Financial Corp now owns 731,634 shares of the company’s stock worth $68,678,000 after purchasing an additional 436,281 shares during the last quarter. Portfolio Design Labs LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth $34,671,000. Finally, Ascent Group LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1,116.1% in the 2nd quarter. Ascent Group LLC now owns 308,114 shares of the company’s stock valued at $28,923,000 after purchasing an additional 282,778 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $94.59 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $83.99 and a 52 week high of $95.12. The stock has a market capitalization of $24.14 billion, a P/E ratio of 22.90 and a beta of 0.72. The stock has a fifty day moving average of $94.06 and a 200-day moving average of $93.90.

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.