iShares MSCI USA Min Vol Factor ETF $USMV is Hicks Capital Management LLC’s 8th Largest Position

Hicks Capital Management LLC reduced its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,525 shares of the company’s stock after selling 193 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises about 3.5% of Hicks Capital Management LLC’s holdings, making the stock its 8th largest holding. Hicks Capital Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,208,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,675,665 shares of the company’s stock worth $628,581,000 after acquiring an additional 51,463 shares in the last quarter. LPL Financial LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 3.4% in the 1st quarter. LPL Financial LLC now owns 5,876,594 shares of the company’s stock worth $550,402,000 after acquiring an additional 190,680 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 1.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,686,964 shares of the company’s stock worth $439,962,000 after acquiring an additional 81,787 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 17.3% during the 1st quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock valued at $360,219,000 after buying an additional 568,565 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 10.7% during the 1st quarter. Ameriprise Financial Inc. now owns 2,440,656 shares of the company’s stock valued at $228,646,000 after buying an additional 235,117 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.1%

Shares of BATS:USMV opened at $93.20 on Friday. The firm has a fifty day moving average of $94.25 and a two-hundred day moving average of $93.28. The firm has a market capitalization of $23.78 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12.

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.