Calamos Wealth Management LLC Acquires New Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Calamos Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 92,508 shares of the company’s stock, valued at approximately $9,014,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Joel Adams & Associates Inc. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% during the 3rd quarter. Joel Adams & Associates Inc. now owns 7,052 shares of the company’s stock valued at $687,000 after acquiring an additional 398 shares in the last quarter. Principle Wealth Partners LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 28.3% in the 3rd quarter. Principle Wealth Partners LLC now owns 2,709 shares of the company’s stock worth $264,000 after purchasing an additional 597 shares in the last quarter. Kestra Advisory Services LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 7.2% in the 3rd quarter. Kestra Advisory Services LLC now owns 328,386 shares of the company’s stock worth $31,998,000 after purchasing an additional 22,018 shares in the last quarter. Commonwealth Equity Services LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $171,412,000. Finally, Schmidt P J Investment Management Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at about $616,000.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.5%

iShares MSCI USA Min Vol Factor ETF stock traded down $0.52 during trading hours on Friday, hitting $101.23. The stock had a trading volume of 4,064,529 shares, compared to its average volume of 2,294,860. The business’s 50 day simple moving average is $100.57 and its 200-day simple moving average is $97.20. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $104.75. The stock has a market cap of $25.83 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF Company 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.