Millburn Ridgefield LLC DE Has $357.06 Million Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Millburn Ridgefield LLC DE increased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,752,960 shares of the company’s stock after acquiring an additional 190,646 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises approximately 8.5% of Millburn Ridgefield LLC DE’s portfolio, making the stock its 4th biggest position. Millburn Ridgefield LLC DE owned 1.47% of iShares MSCI USA Min Vol Factor ETF worth $357,057,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in USMV. Raymond James Financial Inc. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1.5% in the 2nd quarter. Raymond James Financial Inc. now owns 13,315,040 shares of the company’s stock worth $1,249,883,000 after purchasing an additional 191,453 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.3% during 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 buying an additional 156,234 shares during the period. Envestnet Asset Management Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 1.8% in the second quarter. Envestnet Asset Management Inc. now owns 4,686,964 shares of the company’s stock worth $439,962,000 after buying an additional 81,787 shares in the last quarter. Ameriprise Financial Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 18.5% in the second quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock worth $271,634,000 after buying an additional 452,184 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% in the second quarter. Commonwealth Equity Services LLC now owns 2,202,341 shares of the company’s stock worth $206,734,000 after buying an additional 16,746 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $94.71 on Friday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $95.12. The stock’s 50 day simple moving average is $94.33 and its two-hundred day simple moving average is $93.99. The stock has a market cap of $24.17 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.