Kwmg LLC Buys 7,258 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Kwmg LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 144,434 shares of the company’s stock after acquiring an additional 7,258 shares during the quarter. Kwmg LLC owned 0.06% of iShares MSCI USA Min Vol Factor ETF worth $13,932,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 12.9% during the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after buying an additional 1,291 shares during the last quarter. Jane Street Group LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 366.3% in the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after acquiring an additional 27,868 shares during the last quarter. Hsbc Holdings PLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $399,000. First Trust Advisors LP boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 39.0% in the 2nd quarter. First Trust Advisors LP now owns 7,845 shares of the company’s stock worth $736,000 after acquiring an additional 2,201 shares in the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 465.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 244,764 shares of the company’s stock worth $22,976,000 after acquiring an additional 201,483 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $100.62 on Friday. The firm has a market cap of $25.68 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $100.72. The stock’s 50 day simple moving average is $96.80 and its 200 day simple moving average is $95.54.

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.