Cambridge Associates LLC MA ADV Makes New Investment in iShares MSCI USA Min Vol Factor ETF $USMV

Cambridge Associates LLC MA ADV purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 78,366 shares of the company’s stock, valued at approximately $7,379,000.

A number of other large investors have also made changes to their positions in USMV. Morgan Stanley boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 3.2% during the fourth quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock worth $1,434,701,000 after buying an additional 465,870 shares in the last quarter. Bank of America Corp DE increased its holdings in iShares MSCI USA Min Vol Factor ETF by 0.7% in the third quarter. Bank of America Corp DE now owns 13,794,595 shares of the company’s stock valued at $1,312,418,000 after buying an additional 98,221 shares in the last quarter. Raymond James Financial Inc. increased its holdings in iShares MSCI USA Min Vol Factor ETF by 1.5% in the third quarter. Raymond James Financial Inc. now owns 13,521,148 shares of the company’s stock valued at $1,286,402,000 after buying an additional 206,108 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,977,742 shares of the company’s stock valued at $659,752,000 after acquiring an additional 145,843 shares during the period. Finally, UBS Group AG lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.3% during the 3rd quarter. UBS Group AG now owns 3,545,978 shares of the company’s stock valued at $337,364,000 after acquiring an additional 80,056 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $95.91 on Wednesday. The stock has a market cap of $24.48 billion, a P/E ratio of 22.90 and a beta of 0.72. The stock’s 50 day simple moving average is $95.00 and its 200 day simple moving average is $94.86. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $98.07.

iShares MSCI USA Min Vol Factor ETF Company 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.