148,155 Shares in iShares MSCI USA Min Vol Factor ETF $USMV Bought by Koenig Investment Advisory LLC

Koenig Investment Advisory LLC bought a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 148,155 shares of the company’s stock, valued at approximately $14,341,000. iShares MSCI USA Min Vol Factor ETF accounts for approximately 11.7% of Koenig Investment Advisory LLC’s holdings, making the stock its 2nd biggest position. Koenig Investment Advisory LLC owned about 0.06% of iShares MSCI USA Min Vol Factor ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Junto Capital Management LP purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $85,107,000. BNP Paribas Financial Markets lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 10,472.3% in the 4th quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock valued at $75,398,000 after purchasing an additional 793,173 shares in the last quarter. Two Sigma Investments LP grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 26.1% during the 3rd quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock worth $260,056,000 after purchasing an additional 565,200 shares during the period. Morgan Stanley grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 3.2% during the 4th quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock worth $1,434,701,000 after purchasing an additional 465,870 shares during the period. Finally, Ameriprise Financial Inc. increased its position in iShares MSCI USA Min Vol Factor ETF by 18.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock worth $271,634,000 after purchasing an additional 452,184 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $94.24 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $98.07. The firm has a 50 day moving average price of $95.04 and a 200 day moving average price of $94.85. The company has a market cap of $24.05 billion, a PE ratio of 22.90 and a beta of 0.72.

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.