Chilton Investment Co. Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 21,500 shares of the company’s stock, valued at approximately $2,046,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the third 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 period. Raymond James Financial Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% in the third 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 increased its holdings in iShares MSCI USA Min Vol Factor ETF by 2.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,831,899 shares of the company’s stock valued at $650,670,000 after purchasing an additional 156,234 shares during the period. Millburn Ridgefield LLC DE raised its position in iShares MSCI USA Min Vol Factor ETF by 5.4% during the 3rd quarter. Millburn Ridgefield LLC DE now owns 3,752,960 shares of the company’s stock worth $357,057,000 after purchasing an additional 190,646 shares during the last quarter. Finally, UBS Group AG raised its position 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 Up 0.1%
Shares of USMV opened at $95.07 on Monday. The company has a market capitalization of $24.26 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $98.07. The stock’s 50-day moving average price is $95.50 and its two-hundred day moving average price is $94.65.
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.
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