iShares MSCI USA Min Vol Factor ETF $USMV is Adaptive Financial Consulting LLC’s 5th Largest Position

Adaptive Financial Consulting LLC boosted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.2% in the 4th quarter, Holdings Channel reports. The firm owned 222,839 shares of the company’s stock after buying an additional 6,973 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 8.2% of Adaptive Financial Consulting LLC’s portfolio, making the stock its 5th biggest position. Adaptive Financial Consulting LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $20,982,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Becker Capital Management Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter worth $569,000. Western Wealth Management LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 28.4% during the fourth quarter. Western Wealth Management LLC now owns 74,251 shares of the company’s stock valued at $6,992,000 after purchasing an additional 16,434 shares during the period. Chatterton & Associates Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $851,000. Dara Capital US Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $542,000. Finally, Concurrent Investment Advisors LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 9.9% in the fourth quarter. Concurrent Investment Advisors LLC now owns 93,655 shares of the company’s stock worth $8,819,000 after purchasing an additional 8,469 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $96.66 on Friday. The company has a market capitalization of $24.67 billion, a PE ratio of 22.90 and a beta of 0.72. The company has a 50 day moving average price of $94.48 and a 200-day moving average price of $94.75. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $98.07.

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.