Atom Investors LP increased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 10.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 118,443 shares of the company’s stock after purchasing an additional 10,899 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up about 0.9% of Atom Investors LP’s portfolio, making the stock its 9th biggest holding. Atom Investors LP’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $11,153,000 at the end of the most recent reporting period.
Several other hedge funds have also added to or reduced their stakes in the company. Morgan Stanley lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 3.2% during the 4th quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock worth $1,434,701,000 after purchasing an additional 465,870 shares during the last quarter. Bank of America Corp DE lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.7% during the 3rd quarter. Bank of America Corp DE now owns 13,794,595 shares of the company’s stock worth $1,312,418,000 after purchasing an additional 98,221 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.5% during the 3rd quarter. Raymond James Financial Inc. now owns 13,521,148 shares of the company’s stock worth $1,286,402,000 after purchasing an additional 206,108 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 2.1% during the 4th 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 during the last quarter. Finally, UBS Group AG lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 2.3% during the 3rd quarter. UBS Group AG now owns 3,545,978 shares of the company’s stock worth $337,364,000 after purchasing an additional 80,056 shares during the last quarter.
iShares MSCI USA Min Vol Factor ETF Trading Down 0.4%
BATS:USMV opened at $95.91 on Wednesday. The stock has a market cap of $24.48 billion, a P/E ratio of 22.90 and a beta of 0.72. The stock has a 50 day simple moving average of $95.00 and a 200 day simple moving average of $94.86. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $98.07.
About iShares MSCI USA Min Vol Factor ETF
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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