iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Purchased by Cahill Financial Advisors Inc.

Cahill Financial Advisors Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 10.6% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 3,754 shares of the company’s stock after buying an additional 359 shares during the quarter. Cahill Financial Advisors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $343,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. SpiderRock Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $629,000. Headlands Technologies LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth approximately $30,000. EdgeRock Capital LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% during the third quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after buying an additional 3,371 shares during the period. QRG Capital Management Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 36.5% in the 2nd quarter. QRG Capital Management Inc. now owns 4,752 shares of the company’s stock worth $399,000 after buying an additional 1,270 shares in the last quarter. Finally, Banco Santander S.A. increased its position in iShares MSCI USA Min Vol Factor ETF by 1.2% in the 2nd quarter. Banco Santander S.A. now owns 99,199 shares of the company’s stock valued at $8,329,000 after acquiring an additional 1,200 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $93.46 on Monday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The firm has a market capitalization of $27.38 billion, a PE ratio of 25.30 and a beta of 0.59. The stock has a fifty day moving average of $91.64 and a two-hundred day moving average of $87.87.

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.