Lexington Hill Partners LLC Makes New $3.28 Million Investment in iShares MSCI USA Min Vol Factor ETF $USMV

Lexington Hill Partners LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 34,820 shares of the company’s stock, valued at approximately $3,279,000. iShares MSCI USA Min Vol Factor ETF comprises about 2.5% of Lexington Hill Partners LLC’s portfolio, making the stock its 9th biggest position.

A number of other hedge funds have also recently modified their holdings of the business. Brighton Jones LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 12.9% in the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after purchasing an additional 1,291 shares during the period. Jane Street Group LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 366.3% during the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after purchasing an additional 27,868 shares in the last quarter. Hsbc Holdings PLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at about $399,000. First Trust Advisors LP grew its holdings in iShares MSCI USA Min Vol Factor ETF by 39.0% during the second quarter. First Trust Advisors LP now owns 7,845 shares of the company’s stock valued at $736,000 after purchasing an additional 2,201 shares during the period. Finally, Qube Research & Technologies Ltd grew its holdings in iShares MSCI USA Min Vol Factor ETF by 465.5% during the second quarter. Qube Research & Technologies Ltd now owns 244,764 shares of the company’s stock valued at $22,976,000 after purchasing an additional 201,483 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.4%

Shares of USMV opened at $94.24 on Friday. The business has a 50-day simple moving average of $95.04 and a two-hundred day simple moving average of $94.85. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $98.07. The stock has a market cap of $24.05 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.