Catalyst Capital Advisors LLC grew its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 13.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,242,597 shares of the company’s stock after purchasing an additional 489,637 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises approximately 7.3% of Catalyst Capital Advisors LLC’s investment portfolio, making the stock its 4th largest holding. Catalyst Capital Advisors LLC owned 1.66% of iShares MSCI USA Min Vol Factor ETF worth $393,458,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Becker Capital Management Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $569,000. Hibernia Wealth Partners LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 66.1% in the 4th quarter. Hibernia Wealth Partners LLC now owns 63,378 shares of the company’s stock valued at $5,968,000 after purchasing an additional 25,216 shares in the last quarter. Western Wealth Management LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 28.4% in the 4th quarter. Western Wealth Management LLC now owns 74,251 shares of the company’s stock worth $6,992,000 after purchasing an additional 16,434 shares during the period. Concurrent Investment Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 9.9% in the 4th quarter. Concurrent Investment Advisors LLC now owns 93,655 shares of the company’s stock worth $8,819,000 after purchasing an additional 8,469 shares during the period. Finally, Chatterton & Associates Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $851,000.
iShares MSCI USA Min Vol Factor ETF Stock Performance
Shares of USMV opened at $95.99 on Monday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $98.07. The stock’s 50 day moving average is $95.18 and its two-hundred day moving average is $94.87. The firm has a market cap of $24.50 billion, a P/E 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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