iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Purchased by 1900 Wealth Management LLC

1900 Wealth Management LLC raised its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 21.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 108,000 shares of the company’s stock after acquiring an additional 19,026 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for about 0.8% of 1900 Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest position. 1900 Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,027,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in USMV. BNP Paribas Financial Markets increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 558.9% during the first quarter. BNP Paribas Financial Markets now owns 20,190 shares of the company’s stock valued at $1,687,000 after purchasing an additional 17,126 shares during the period. SG Americas Securities LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 292.2% during the first quarter. SG Americas Securities LLC now owns 57,256 shares of the company’s stock valued at $4,785,000 after buying an additional 42,659 shares in the last quarter. Choate Investment Advisors grew its holdings in iShares MSCI USA Min Vol Factor ETF by 396.3% during the first quarter. Choate Investment Advisors now owns 68,947 shares of the company’s stock worth $5,763,000 after acquiring an additional 55,054 shares during the period. Inspire Advisors LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 1,554.0% in the 1st quarter. Inspire Advisors LLC now owns 53,705 shares of the company’s stock valued at $4,489,000 after acquiring an additional 50,458 shares during the last quarter. Finally, QRG Capital Management Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at about $291,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.9 %

Shares of BATS USMV traded up $0.84 during midday trading on Friday, reaching $93.47. The company’s stock had a trading volume of 1,849,251 shares. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The company has a market cap of $27.39 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The company has a 50 day moving average price of $91.26 and a 200 day moving average price of $87.03.

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.