NewEdge Advisors LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 30.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 618,327 shares of the company’s stock after acquiring an additional 142,687 shares during the period. NewEdge Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $57,344,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ritholtz Wealth Management acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the first quarter worth approximately $74,238,000. BNP Paribas Financial Markets lifted its stake in iShares MSCI USA Min Vol Factor ETF by 10,472.3% in 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 stake in iShares MSCI USA Min Vol Factor ETF by 99.3% in 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 worth $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 worth $393,458,000 after buying an additional 489,637 shares in the last quarter.
iShares MSCI USA Min Vol Factor ETF Stock Up 0.3%
Shares of USMV stock opened at $100.00 on Friday. The firm has a 50 day moving average of $96.72 and a 200-day moving average of $95.51. The company has a market cap of $25.52 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $100.24.
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.
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