Darrow Company Inc. Has $13.76 Million Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Darrow Company Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.8% in the fourth quarter, HoldingsChannel reports. The fund owned 154,918 shares of the company’s stock after buying an additional 1,256 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for 8.0% of Darrow Company Inc.’s portfolio, making the stock its 4th largest position. Darrow Company Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $13,755,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of USMV. SpiderRock Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $629,000. EdgeRock Capital LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 5.3% during the third quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after acquiring an additional 3,371 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 7.4% during the third quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock worth $57,937,000 after acquiring an additional 43,846 shares in the last quarter. Bell Investment Advisors Inc raised its stake in iShares MSCI USA Min Vol Factor ETF by 42.2% during the third quarter. Bell Investment Advisors Inc now owns 38,509 shares of the company’s stock worth $3,516,000 after acquiring an additional 11,432 shares in the last quarter. Finally, Quantinno Capital Management LP raised its stake in iShares MSCI USA Min Vol Factor ETF by 149.9% during the third quarter. Quantinno Capital Management LP now owns 6,366 shares of the company’s stock worth $581,000 after acquiring an additional 3,819 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.0 %

Shares of BATS USMV opened at $93.08 on Friday. The company has a market cap of $27.27 billion, a price-to-earnings ratio of 25.30 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. The stock has a 50-day moving average price of $90.83 and a two-hundred day moving average price of $90.53.

About iShares MSCI USA Min Vol Factor ETF

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.