iShares MSCI USA Min Vol Factor ETF $USMV Stock Bought by Parallel Advisors LLC

by · The Markets Daily

Parallel Advisors LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 33.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 97,625 shares of the company’s stock after purchasing an additional 24,689 shares during the period. Parallel Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,513,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Mcmorgan & Co. LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% during the first quarter. Mcmorgan & Co. LLC now owns 28,238 shares of the company’s stock worth $2,619,000 after purchasing an additional 108 shares during the period. Post Resch Tallon Group Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 1.9% during the second quarter. Post Resch Tallon Group Inc. now owns 8,038 shares of the company’s stock valued at $775,000 after purchasing an additional 150 shares in the last quarter. Hobart Private Capital LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 3.6% in the 2nd quarter. Hobart Private Capital LLC now owns 4,325 shares of the company’s stock valued at $417,000 after buying an additional 152 shares during the period. BostonPremier Wealth LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 2.3% in the 3rd quarter. BostonPremier Wealth LLC now owns 6,987 shares of the company’s stock valued at $681,000 after buying an additional 158 shares during the period. Finally, Ewing Morris & Co. Investment Partners Ltd. increased its stake in iShares MSCI USA Min Vol Factor ETF by 2.2% in the 2nd quarter. Ewing Morris & Co. Investment Partners Ltd. now owns 7,340 shares of the company’s stock valued at $708,000 after buying an additional 160 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.5%

USMV stock opened at $101.23 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $91.02 and a 12-month high of $104.75. The company has a market cap of $25.83 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The company has a 50 day moving average of $100.57 and a two-hundred day moving average of $97.20.

iShares MSCI USA Min Vol Factor ETF Profile

(Free Report)

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.

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