TPG Advisors LLC Makes New Investment in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

TPG Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 24,275 shares of the company’s stock, valued at approximately $2,038,000. iShares MSCI USA Min Vol Factor ETF comprises about 1.7% of TPG Advisors LLC’s investment portfolio, making the stock its 15th biggest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Optiver Holding B.V. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 100.0% during the fourth quarter. Optiver Holding B.V. now owns 1,758 shares of the company’s stock valued at $137,000 after purchasing an additional 7,664,300 shares during the period. Cetera Investment Advisers increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 270.9% in the first quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock worth $158,465,000 after purchasing an additional 1,384,833 shares in the last quarter. Dynasty Wealth Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at $83,046,000. Wealth Enhancement Advisory Services LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 31.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,170,418 shares of the company’s stock valued at $264,984,000 after buying an additional 755,493 shares in the last quarter. Finally, Symmetry Partners LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 75.6% in the 2nd quarter. Symmetry Partners LLC now owns 769,232 shares of the company’s stock worth $64,585,000 after buying an additional 331,096 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.0 %

BATS:USMV opened at $91.29 on Friday. The business’s 50-day simple moving average is $88.54 and its two-hundred day simple moving average is $84.70. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The stock has a market cap of $26.75 billion, a PE ratio of 25.30 and a beta of 0.59.

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.