iShares MSCI USA Min Vol Factor ETF $USMV Holdings Boosted by Darrow Company Inc.

Darrow Company Inc. grew its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.6% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 164,325 shares of the company’s stock after buying an additional 4,123 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for 7.8% of Darrow Company Inc.’s investment portfolio, making the stock its 3rd largest holding. Darrow Company Inc. owned 0.06% of iShares MSCI USA Min Vol Factor ETF worth $15,425,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,675,665 shares of the company’s stock worth $628,581,000 after purchasing an additional 51,463 shares in the last quarter. LPL Financial LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 3.4% during the 1st quarter. LPL Financial LLC now owns 5,876,594 shares of the company’s stock worth $550,402,000 after purchasing an additional 190,680 shares during the period. Envestnet Asset Management Inc. increased its position in iShares MSCI USA Min Vol Factor ETF by 2.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 4,605,177 shares of the company’s stock worth $431,321,000 after purchasing an additional 112,814 shares during the period. JPMorgan Chase & Co. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 17.3% during the 1st quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock worth $360,219,000 after buying an additional 568,565 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 10.7% in the 1st quarter. Ameriprise Financial Inc. now owns 2,440,656 shares of the company’s stock valued at $228,646,000 after buying an additional 235,117 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $94.64 on Tuesday. The stock’s 50 day moving average price is $94.17 and its 200 day moving average price is $92.95. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $83.99 and a 1-year high of $95.12. The company has a market cap of $24.15 billion, a PE ratio of 22.90 and a beta of 0.72.

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.