iShares MSCI USA Min Vol Factor ETF $USMV Holdings Boosted by Kennedy Investment Group

Kennedy Investment Group raised its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.8% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 110,277 shares of the company’s stock after buying an additional 8,888 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises about 4.2% of Kennedy Investment Group’s holdings, making the stock its 6th largest position. Kennedy Investment Group’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,492,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% in the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after acquiring an additional 1,291 shares in the last quarter. Jane Street Group LLC lifted its position in 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 purchasing an additional 27,868 shares during the period. Everpar Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $220,000. Balefire LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $380,000. Finally, StrongBox Wealth LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 6.8% during the 2nd quarter. StrongBox Wealth LLC now owns 8,407 shares of the company’s stock worth $789,000 after purchasing an additional 532 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.7%

Shares of USMV stock opened at $94.61 on Thursday. The stock has a 50 day simple moving average of $94.24 and a 200-day simple moving average of $93.97. The company has a market cap of $24.14 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12.

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.