Telemus Capital LLC Has $27.38 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Telemus Capital LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 350,888 shares of the company’s stock after acquiring an additional 26,036 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up about 2.3% of Telemus Capital LLC’s investment portfolio, making the stock its 8th largest position. Telemus Capital LLC owned approximately 0.09% of iShares MSCI USA Min Vol Factor ETF worth $27,380,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Keener Financial Planning LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $26,000. Horrell Capital Management Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $27,000. Global Trust Asset Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $27,000. M&R Capital Management Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $34,000. Finally, Sandy Spring Bank raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 484.0% in the 3rd quarter. Sandy Spring Bank now owns 584 shares of the company’s stock valued at $42,000 after purchasing an additional 484 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.4 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $80.85 on Tuesday. The firm’s 50 day simple moving average is $81.73 and its two-hundred day simple moving average is $78.25. The firm has a market capitalization of $23.64 billion, a price-to-earnings ratio of 25.31 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45.

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.