iShares MSCI USA Min Vol Factor ETF $USMV Shares Purchased by Kathmere Capital Management LLC

Kathmere Capital Management LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,067 shares of the company’s stock after purchasing an additional 424 shares during the quarter. Kathmere Capital Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,227,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brown Advisory Inc. increased its position in iShares MSCI USA Min Vol Factor ETF by 8.9% during the first quarter. Brown Advisory Inc. now owns 16,950 shares of the company’s stock worth $1,588,000 after purchasing an additional 1,387 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 102.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock worth $620,423,000 after buying an additional 3,352,591 shares during the last quarter. Townsquare Capital LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.3% during the 1st quarter. Townsquare Capital LLC now owns 53,888 shares of the company’s stock worth $5,047,000 after buying an additional 3,666 shares during the last quarter. DAVENPORT & Co LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 8.0% in the 1st quarter. DAVENPORT & Co LLC now owns 4,395 shares of the company’s stock worth $412,000 after buying an additional 324 shares during the period. Finally, Ancora Advisors LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.5% in the 1st quarter. Ancora Advisors LLC now owns 96,864 shares of the company’s stock valued at $9,072,000 after purchasing an additional 2,404 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.6%

USMV opened at $94.52 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 and a 52-week high of $95.12. The company has a 50 day moving average of $93.70 and a two-hundred day moving average of $92.71. The company has a market cap of $24.12 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.