Ridgeline Wealth LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,180 shares of the company’s stock, valued at approximately $549,000.
A number of other institutional investors have also added to or reduced their stakes in the company. Headlands Technologies LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter worth $30,000. Strategic Financial Concepts LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $35,000. Fortitude Family Office LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $38,000. Bfsg LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after purchasing an additional 228 shares during the last quarter. Finally, Arrow Financial Corp purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth $45,000.
iShares MSCI USA Min Vol Factor ETF Price Performance
USMV traded up $0.44 during trading on Monday, hitting $89.10. 1,276,882 shares of the stock traded hands. The firm has a market capitalization of $26.11 billion, a P/E 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 firm has a 50-day moving average of $91.63 and a 200 day moving average of $89.65.
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.
Further Reading
- Five stocks we like better than iShares MSCI USA Min Vol Factor ETF
- Investing In Preferred Stock vs. Common Stock
- Build-Your-Bowl Battle: CAVA, Chipotle, and Sweetgreen Face Off
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Insiders Are Loading Up: 3 Key Stock Picks for Investors
- How to Calculate Return on Investment (ROI)
- How Cigna Remains at the Top of the Health Insurance Food Chain
Want to see what other hedge funds are holding USMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report).
Receive News & Ratings for iShares MSCI USA Min Vol Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Min Vol Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
