Nwam LLC Grows Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

Nwam LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 234.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,981 shares of the company’s stock after purchasing an additional 50,457 shares during the quarter. Nwam LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,943,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in USMV. Ritholtz Wealth Management acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter valued at approximately $74,238,000. BNP Paribas Financial Markets lifted its position in iShares MSCI USA Min Vol Factor ETF by 10,472.3% in the fourth quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock valued at $75,398,000 after purchasing an additional 793,173 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 99.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock valued at $106,053,000 after buying an additional 569,762 shares during the period. Two Sigma Investments LP boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 26.1% during the 3rd quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock worth $260,056,000 after purchasing an additional 565,200 shares in the last quarter. Finally, Catalyst Capital Advisors LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 13.0% during the first quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock worth $393,458,000 after buying an additional 489,637 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $101.52 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $102.21. The company has a market capitalization of $25.91 billion, a P/E ratio of 22.90 and a beta of 0.72. The business has a 50 day moving average price of $98.58 and a 200 day moving average price of $96.24.

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.