TIAA Trust National Association Buys 493 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

TIAA Trust National Association lifted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,707 shares of the company’s stock after buying an additional 493 shares during the period. TIAA Trust National Association’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,039,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of USMV. Millburn Ridgefield Corp increased its stake in iShares MSCI USA Min Vol Factor ETF by 5.2% in the 4th quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after purchasing an additional 180,849 shares during the period. Darrow Company Inc. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the fourth quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock worth $13,755,000 after buying an additional 1,256 shares during the period. Golden State Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $1,529,000. Advisors Preferred LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $438,000. Finally, MONECO Advisors LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 0.4% during the 4th quarter. MONECO Advisors LLC now owns 106,286 shares of the company’s stock valued at $9,437,000 after buying an additional 427 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.5 %

USMV stock opened at $93.50 on Friday. The stock has a market capitalization of $24.40 billion, a price-to-earnings ratio of 24.03 and a beta of 0.77. The firm’s 50-day moving average price is $92.61 and its two-hundred day moving average price is $91.73. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $79.69 and a 12-month high of $95.12.

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.