Calamos Advisors LLC Purchases New Shares in iShares MSCI USA Min Vol Factor ETF $USMV

Calamos Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 92,811 shares of the company’s stock, valued at approximately $8,607,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Hibernia Wealth Partners LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 66.1% during the 4th quarter. Hibernia Wealth Partners LLC now owns 63,378 shares of the company’s stock worth $5,968,000 after acquiring an additional 25,216 shares during the period. 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 valued at $6,992,000 after acquiring an additional 16,434 shares in the last quarter. 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 valued at $8,819,000 after acquiring an additional 8,469 shares in the last quarter. Chatterton & Associates Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $851,000. Finally, Dara Capital US Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $542,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $96.88 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $98.73. The firm has a market cap of $24.72 billion, a P/E ratio of 22.90 and a beta of 0.72. The business’s fifty day moving average is $95.95 and its 200-day moving average is $95.13.

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.