Darrow Company Inc. Buys 8,098 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Darrow Company Inc. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 172,423 shares of the company’s stock after purchasing an additional 8,098 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up approximately 7.6% of Darrow Company Inc.’s holdings, making the stock its 3rd largest position. Darrow Company Inc. owned approximately 0.07% of iShares MSCI USA Min Vol Factor ETF worth $16,325,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 18.5% during the second quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock valued at $271,634,000 after acquiring an additional 452,184 shares during the period. Cetera Investment Advisers boosted its stake in iShares MSCI USA Min Vol Factor ETF by 26.3% during the 2nd quarter. Cetera Investment Advisers now owns 2,142,277 shares of the company’s stock valued at $201,096,000 after purchasing an additional 445,896 shares during the period. Truist Financial Corp boosted its stake in iShares MSCI USA Min Vol Factor ETF by 147.7% during the 2nd quarter. Truist Financial Corp now owns 731,634 shares of the company’s stock valued at $68,678,000 after purchasing an additional 436,281 shares during the period. Portfolio Design Labs LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $34,671,000. Finally, Ascent Group LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 1,116.1% in the 2nd quarter. Ascent Group LLC now owns 308,114 shares of the company’s stock worth $28,923,000 after purchasing an additional 282,778 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.6%

USMV opened at $94.49 on Friday. The business’s 50 day moving average is $94.28 and its 200-day moving average is $93.97. The stock has a market cap of $24.11 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $95.12.

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.