Global Trust Asset Management LLC Expands Investment in iShares MSCI USA Min Vol Factor ETF

Global Trust Asset Management LLC has increased its stake in the iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by an impressive 32.0% during the third quarter, according to the latest report filed with the Securities and Exchange Commission (SEC). Following this acquisition, the firm now holds a total of 1,445 shares after purchasing an additional 350 shares. The total value of Global Trust Asset Management LLC’s position in the ETF is estimated to be around $132,000 based on the recent filing with the SEC.

Several other institutional investors have also adjusted their holdings in the iShares MSCI USA Min Vol Factor ETF. For instance, Brighton Jones LLC has boosted its stake by 1.1%, acquiring a total of 9,999 shares worth approximately $913,000 after adding 111 shares. Similarly, Asset Dedication LLC raised its position by 1.5%, now owning 8,377 shares valued at about $765,000 after an additional 121-share purchase. Sensible Money LLC has increased its stake by 1.4%, bringing its total to 8,727 shares valued at $797,000 after acquiring 121 shares as well.

In addition, Sage Capital Advisors LLC expanded its position by 2.4%, now owning 5,331 shares worth $448,000 after purchasing 123 additional shares. Lastly, Foster Victor Wealth Advisors LLC has increased its stake by 4.8%, holding 2,663 shares valued at about $244,000 after acquiring 123 shares in the recent quarter.

Performance of iShares MSCI USA Min Vol Factor ETF

As of Friday, USMV opened at $91.00. The ETF has a 50-day simple moving average of $91.06 and a 200-day simple moving average of $86.26. Over the past year, the stock has seen a low of $47.44 and a high of $55.45. The iShares MSCI USA Min Vol Factor ETF boasts a market capitalization of $26.66 billion, a price-to-earnings ratio of 25.30, and a beta of 0.59, indicating lower volatility compared to the broader market.

About iShares MSCI USA Min Vol Factor ETF

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund designed to track the MSCI USA Minimum Volatility (USD) Index. This fund focuses on US-based companies selected and weighted to build a low-volatility portfolio while adhering to various constraints. USMV was introduced on October 18, 2011, and is managed by BlackRock.

holdings, investment, ETF