BTG Pactual Asset Management US LLC Acquires New Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

BTG Pactual Asset Management US LLC bought a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 1,760 shares of the company’s stock, valued at approximately $163,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Millburn Ridgefield Corp boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after acquiring an additional 180,849 shares during the period. Darrow Company Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% in the 4th quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock valued at $13,755,000 after purchasing an additional 1,256 shares during the period. Golden State Wealth Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $1,529,000. Advisors Preferred LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $438,000. Finally, MONECO Advisors LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the fourth quarter. MONECO Advisors LLC now owns 106,286 shares of the company’s stock worth $9,437,000 after buying an additional 427 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 1.5 %

iShares MSCI USA Min Vol Factor ETF stock opened at $89.94 on Monday. The stock has a market cap of $23.03 billion, a price-to-earnings ratio of 24.22 and a beta of 0.74. The business has a 50-day simple moving average of $92.23 and a 200 day simple moving average of $91.63. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $79.69 and a 52 week high of $95.12.

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.