Global Trust Asset Management LLC Increases Holdings in iShares MSCI USA Min Vol Factor ETF

On October 26, 2024, it was reported that Global Trust Asset Management LLC has increased its investment in the iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by an impressive 32.0% during the third quarter of the year. According to their latest filing with the Securities and Exchange Commission (SEC), the fund now holds a total of 1,445 shares of the ETF after acquiring an additional 350 shares in the recent months. This increase in holdings represents an estimated value of $132,000 for Global Trust Asset Management LLC based on their recent SEC filing.

Additionally, other institutional investors and hedge funds have also made adjustments to their positions in the iShares MSCI USA Min Vol Factor ETF. For instance, Brighton Jones LLC raised its stake in the ETF by 1.1%, bringing its total share ownership to 9,999 shares, valued at approximately $913,000 after buying 111 additional shares. Similarly, Asset Dedication LLC increased its position by 1.5%, now owning 8,377 shares worth about $765,000 after an acquisition of 121 shares during the last quarter.

Further, Sensible Money LLC enhanced its holdings by 1.4%, holding now 8,727 shares valued at approximately $797,000, following the purchase of 121 shares. Sage Capital Advisors LLC also saw a 2.4% increase in its position with a total of 5,331 shares valued at around $448,000 after acquiring an additional 123 shares. Lastly, Foster Victor Wealth Advisors LLC raised its stake by 4.8%, now owning 2,663 shares the value of which amounts to about $244,000 after an acquisition of 123 shares.

Performance Overview of iShares MSCI USA Min Vol Factor ETF

As of the latest data, the iShares MSCI USA Min Vol Factor ETF opened at $91.00. Its 50-day simple moving average stands at $91.06, while the 200-day simple moving average is reported at $86.26. This ETF has experienced a one-year low of $47.44 and a high of $55.45, showcasing its volatility within the market. It holds a market capitalization of $26.66 billion and has a price-to-earnings (P/E) ratio of 25.30, alongside a beta of 0.59, indicating its lower volatility compared to the broader market.

About iShares MSCI USA Min Vol Factor ETF

The iShares MSCI USA Min Vol Factor ETF is designed to track the MSCI USA Minimum Volatility (USD) index. It is a type of exchange-traded fund that selects and weights US-listed companies to create a low-volatility portfolio, aimed at investors seeking stability. This ETF was launched on October 18, 2011, and is managed by BlackRock, a prominent player in the investment management industry.

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