Ade LLC decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 2.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 54,000 shares of the company’s stock after selling 1,576 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for 2.9% of Ade LLC’s holdings, making the stock its 9th largest position. Ade LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,795,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of USMV. Aspiriant LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% in the 4th quarter. Aspiriant LLC now owns 104,673 shares of the company’s stock worth $9,294,000 after acquiring an additional 352 shares during the last quarter. Leonard Rickey Investment Advisors P.L.L.C. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.5% in the 4th quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 174,308 shares of the company’s stock valued at $15,477,000 after purchasing an additional 833 shares during the period. Diversify Advisory Services LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 1.3% in the 4th quarter. Diversify Advisory Services LLC now owns 83,992 shares of the company’s stock worth $7,364,000 after purchasing an additional 1,046 shares in the last quarter. Diversify Wealth Management LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 23.9% in the 4th quarter. Diversify Wealth Management LLC now owns 4,024 shares of the company’s stock worth $353,000 after purchasing an additional 777 shares in the last quarter. Finally, Client 1ST Advisory Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $861,000.
iShares MSCI USA Min Vol Factor ETF Price Performance
iShares MSCI USA Min Vol Factor ETF stock opened at $89.87 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The firm’s 50 day simple moving average is $91.09 and its 200-day simple moving average is $90.03. The company has a market cap of $26.33 billion, a P/E ratio of 25.30 and a beta of 0.59.
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
- How to Short a Stock in 5 Easy Steps
- Transports Are Trending Higher: It’s a Golden Time to Buy More
- CD Calculator: Certificate of Deposit Calculator
- A Hidden Winner in Manufacturing and Energy Set for a Breakout
- Earnings Per Share Calculator: How to Calculate EPS
- Beyond Rigetti: Top 3 Quantum Computing Stock Picks
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.