Hirtle Callaghan & Co LLC Buys Shares of 26,138 iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Hirtle Callaghan & Co LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 26,138 shares of the company’s stock, valued at approximately $2,321,000.

A number of other hedge funds have also recently made changes to their positions in USMV. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $1,176,338,000. Lockheed Martin Investment Management Co. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $62,801,000. LPL Financial LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.1% in the 4th quarter. LPL Financial LLC now owns 5,685,914 shares of the company’s stock worth $504,852,000 after acquiring an additional 328,291 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6,039.6% in the fourth quarter. Sequoia Financial Advisors LLC now owns 285,738 shares of the company’s stock worth $25,371,000 after buying an additional 281,084 shares during the period. Finally, Independent Advisor Alliance purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $17,861,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.1 %

Shares of BATS USMV opened at $92.29 on Monday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $79.69 and a 52 week high of $95.12. The firm’s fifty day moving average is $92.25 and its 200 day moving average is $91.66. The company has a market cap of $24.09 billion, a price-to-earnings ratio of 24.03 and a beta of 0.77.

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.