20,003 Shares in iShares MSCI USA Min Vol Factor ETF $USMV Purchased by Cowa LLC

Cowa LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the second quarter, HoldingsChannel reports. The firm purchased 20,003 shares of the company’s stock, valued at approximately $1,878,000.

A number of other hedge funds also recently made changes to their positions in the business. International Assets Investment Management LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the 2nd quarter. International Assets Investment Management LLC now owns 15,132 shares of the company’s stock worth $1,420,000 after acquiring an additional 110 shares during the period. Sensible Money LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 1.3% in the 1st quarter. Sensible Money LLC now owns 8,839 shares of the company’s stock valued at $828,000 after acquiring an additional 112 shares during the period. KPP Advisory Services LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 2.9% during the 2nd quarter. KPP Advisory Services LLC now owns 4,167 shares of the company’s stock valued at $391,000 after purchasing an additional 118 shares during the last quarter. Almanack Investment Partners LLC. lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.6% during the 2nd quarter. Almanack Investment Partners LLC. now owns 20,319 shares of the company’s stock valued at $1,907,000 after purchasing an additional 124 shares during the last quarter. Finally, Cynosure Group LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 0.4% during the first quarter. Cynosure Group LLC now owns 36,192 shares of the company’s stock worth $3,390,000 after purchasing an additional 127 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV opened at $93.66 on Friday. The company has a market cap of $23.90 billion, a P/E ratio of 22.90 and a beta of 0.72. The firm’s fifty day moving average price is $94.02 and its two-hundred day moving average price is $93.55. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12.

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.