Cassia Capital Partners LLC Increases Position in iShares MSCI USA Min Vol Factor ETF $USMV

Cassia Capital Partners LLC increased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 239,019 shares of the company’s stock after buying an additional 11,526 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises approximately 11.4% of Cassia Capital Partners LLC’s holdings, making the stock its largest position. Cassia Capital Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $22,167,000 at the end of the most recent quarter.

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

iShares MSCI USA Min Vol Factor ETF Stock Up 0.4%

Shares of BATS USMV opened at $96.89 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $98.07. The company has a market cap of $24.73 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The business has a fifty day simple moving average of $95.29 and a 200-day simple moving average of $94.92.

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.