Invariant Investment Management Makes New Investment in iShares MSCI USA Min Vol Factor ETF $USMV

Invariant Investment Management bought a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 51,863 shares of the company’s stock, valued at approximately $5,077,000. iShares MSCI USA Min Vol Factor ETF makes up approximately 3.0% of Invariant Investment Management’s portfolio, making the stock its 9th largest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Ritholtz Wealth Management purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the first quarter worth $74,238,000. BNP Paribas Financial Markets lifted its position in iShares MSCI USA Min Vol Factor ETF by 10,472.3% during the fourth quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock valued at $75,398,000 after buying an additional 793,173 shares during the period. Geneos Wealth Management Inc. lifted its position in iShares MSCI USA Min Vol Factor ETF by 99.3% during the first quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock valued at $106,053,000 after buying an additional 569,762 shares during the period. Two Sigma Investments LP boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 26.1% during the 3rd quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock valued at $260,056,000 after buying an additional 565,200 shares in the last quarter. Finally, Catalyst Capital Advisors LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 13.0% during the 1st quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock valued at $393,458,000 after buying an additional 489,637 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV opened at $100.62 on Friday. The firm’s 50-day moving average price is $96.80 and its 200-day moving average price is $95.54. The company has a market capitalization of $25.68 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $100.72.

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.