Calamos Wealth Management LLC Increases Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Calamos Wealth Management LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 93,192 shares of the company’s stock after acquiring an additional 364 shares during the period. Calamos Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $8,275,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in USMV. AlphaMark Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $30,000. Valued Wealth Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $30,000. Sound Income Strategies LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after acquiring an additional 143 shares during the period. Fortitude Family Office LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth $38,000. Finally, Bfsg LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after acquiring an additional 228 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.3 %

Shares of BATS USMV opened at $92.41 on Tuesday. The stock has a market capitalization of $27.08 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The stock’s 50 day moving average price is $90.93 and its two-hundred day moving average price is $90.42.

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.