Cambridge Associates LLC MA ADV acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 78,366 shares of the company’s stock, valued at approximately $7,379,000.
Other institutional investors also recently bought and sold shares of the company. Morgan Stanley lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.2% in the 4th quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock worth $1,434,701,000 after acquiring an additional 465,870 shares during the period. Bank of America Corp DE increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the third quarter. Bank of America Corp DE now owns 13,794,595 shares of the company’s stock worth $1,312,418,000 after acquiring an additional 98,221 shares during the period. Raymond James Financial Inc. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during the third quarter. Raymond James Financial Inc. now owns 13,521,148 shares of the company’s stock worth $1,286,402,000 after acquiring an additional 206,108 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 2.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,977,742 shares of the company’s stock worth $659,752,000 after purchasing an additional 145,843 shares in the last quarter. Finally, UBS Group AG lifted its position in iShares MSCI USA Min Vol Factor ETF by 2.3% in the third quarter. UBS Group AG now owns 3,545,978 shares of the company’s stock valued at $337,364,000 after purchasing an additional 80,056 shares during the period.
iShares MSCI USA Min Vol Factor ETF Trading Down 0.4%
Shares of USMV opened at $95.91 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $91.02 and a twelve month high of $98.07. The stock’s 50 day moving average is $95.00 and its two-hundred day moving average is $94.86. The firm has a market capitalization of $24.48 billion, a PE ratio of 22.90 and a beta of 0.72.
iShares MSCI USA Min Vol Factor ETF 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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