iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Purchased by GAMMA Investing LLC

GAMMA Investing LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 37.0% in the 1st quarter, HoldingsChannel reports. The firm owned 2,708 shares of the company’s stock after acquiring an additional 731 shares during the quarter. GAMMA Investing LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Millennium Management LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 76.8% during the 4th quarter. Millennium Management LLC now owns 12,150 shares of the company’s stock valued at $1,079,000 after buying an additional 5,277 shares during the last quarter. MGO One Seven LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% in the fourth quarter. MGO One Seven LLC now owns 61,939 shares of the company’s stock worth $5,500,000 after buying an additional 606 shares during the last quarter. Pacific Center for Financial Services grew its holdings in iShares MSCI USA Min Vol Factor ETF by 0.7% during the fourth quarter. Pacific Center for Financial Services now owns 131,406 shares of the company’s stock worth $11,668,000 after acquiring an additional 940 shares during the period. New England Private Wealth Advisors LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 9.0% during the fourth quarter. New England Private Wealth Advisors LLC now owns 108,944 shares of the company’s stock valued at $9,673,000 after acquiring an additional 9,040 shares in the last quarter. Finally, VSM Wealth Advisory LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $27,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.4%

iShares MSCI USA Min Vol Factor ETF stock opened at $93.39 on Thursday. The firm has a market cap of $23.83 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.56 and a 12 month high of $95.12. The stock’s 50 day simple moving average is $92.75 and its two-hundred day simple moving average is $91.72.

iShares MSCI USA Min Vol Factor ETF 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.