Quantbot Technologies LP Takes Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Quantbot Technologies LP bought a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 5,978 shares of the company’s stock, valued at approximately $531,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Anchor Investment Management LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% during the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock worth $181,000 after acquiring an additional 112 shares in the last quarter. Smart Portfolios LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 2.2% in the 4th quarter. Smart Portfolios LLC now owns 5,235 shares of the company’s stock worth $465,000 after purchasing an additional 112 shares during the period. Flputnam Investment Management Co. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 4.3% in the 4th quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock worth $263,000 after purchasing an additional 123 shares during the period. Mcdonald Partners LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 0.9% during the fourth quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock worth $1,299,000 after purchasing an additional 125 shares in the last quarter. Finally, Aveo Capital Partners LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 3.7% in the fourth quarter. Aveo Capital Partners LLC now owns 3,598 shares of the company’s stock valued at $319,000 after purchasing an additional 129 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $93.50 on Friday. The stock has a market capitalization of $24.40 billion, a PE ratio of 24.03 and a beta of 0.77. The business has a 50 day simple moving average of $92.61 and a 200-day simple moving average of $91.73. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $79.69 and a 12 month high of $95.12.

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.