Rockefeller Capital Management L.P. Raises Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Rockefeller Capital Management L.P. grew its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 187,402 shares of the company’s stock after buying an additional 611 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.06% of iShares MSCI USA Min Vol Factor ETF worth $17,068,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of USMV. Carrera Capital Advisors purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $33,148,000. LPL Financial LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after acquiring an additional 346,414 shares during the last quarter. Symmetry Partners LLC lifted its holdings in shares of 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 acquiring an additional 331,096 shares during the last quarter. Granite Bay Wealth Management LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5,487.5% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 331,843 shares of the company’s stock worth $27,303,000 after acquiring an additional 325,904 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $18,422,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $94.55 on Monday. The firm has a market cap of $27.70 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The firm has a 50 day moving average price of $91.94 and a 200-day moving average price of $88.27.

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.