Atom Investors LP Raises Position in iShares MSCI USA Min Vol Factor ETF $USMV

Atom Investors LP grew its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 10.1% during the 4th quarter, HoldingsChannel reports. The firm owned 118,443 shares of the company’s stock after purchasing an additional 10,899 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises approximately 0.9% of Atom Investors LP’s holdings, making the stock its 9th largest position. Atom Investors LP’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $11,153,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of USMV. Guardian Wealth Advisors LLC NC grew its position in iShares MSCI USA Min Vol Factor ETF by 4.7% during the 4th quarter. Guardian Wealth Advisors LLC NC now owns 34,813 shares of the company’s stock worth $3,278,000 after acquiring an additional 1,565 shares during the last quarter. &PARTNERS grew its position in iShares MSCI USA Min Vol Factor ETF by 32.6% during the 4th quarter. &PARTNERS now owns 211,695 shares of the company’s stock worth $19,937,000 after acquiring an additional 52,001 shares during the last quarter. Royal Bank of Canada grew its position in iShares MSCI USA Min Vol Factor ETF by 2.4% during the 4th quarter. Royal Bank of Canada now owns 1,663,637 shares of the company’s stock worth $156,647,000 after acquiring an additional 39,271 shares during the last quarter. Rothschild Wealth LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 5.2% during the 4th quarter. Rothschild Wealth LLC now owns 3,638 shares of the company’s stock worth $343,000 after acquiring an additional 180 shares during the last quarter. Finally, Cambridge Associates LLC MA ADV bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $7,379,000.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.4%

Shares of USMV stock opened at $95.91 on Wednesday. The firm has a market capitalization of $24.48 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $91.02 and a twelve month high of $98.07. The stock’s fifty day simple moving average is $95.00 and its 200 day simple moving average is $94.86.

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.