iShares MSCI USA Min Vol Factor ETF $USMV is Kennedy Investment Group’s 6th Largest Position

Kennedy Investment Group lifted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 117,219 shares of the company’s stock after purchasing an additional 6,942 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises about 4.2% of Kennedy Investment Group’s portfolio, making the stock its 6th largest holding. Kennedy Investment Group’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $11,037,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of USMV. Bank of America Corp DE boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.7% in the 3rd quarter. Bank of America Corp DE now owns 13,794,595 shares of the company’s stock worth $1,312,418,000 after buying an additional 98,221 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.5% in the 3rd quarter. Raymond James Financial Inc. now owns 13,521,148 shares of the company’s stock worth $1,286,402,000 after buying an additional 206,108 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 2.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,977,742 shares of the company’s stock worth $659,752,000 after buying an additional 145,843 shares during the last quarter. Millburn Ridgefield LLC DE boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 5.4% in the 3rd quarter. Millburn Ridgefield LLC DE now owns 3,752,960 shares of the company’s stock worth $357,057,000 after buying an additional 190,646 shares during the last quarter. Finally, UBS Group AG boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 2.3% in the 3rd quarter. UBS Group AG now owns 3,545,978 shares of the company’s stock worth $337,364,000 after buying an additional 80,056 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.2%

USMV stock opened at $95.79 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $91.02 and a 12-month high of $98.07. The stock has a market cap of $24.45 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The business’s 50-day moving average is $93.98 and its 200 day moving average is $94.49.

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.