Adaptive Financial Consulting LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 5.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 235,579 shares of the company’s stock after buying an additional 12,740 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises about 8.4% of Adaptive Financial Consulting LLC’s holdings, making the stock its 4th biggest position. Adaptive Financial Consulting LLC owned about 0.09% of iShares MSCI USA Min Vol Factor ETF worth $21,848,000 as of its most recent filing with the SEC.
Several other hedge funds have also added to or reduced their stakes in USMV. Frankly Finances LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $25,000. Investors Research Corp purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $26,000. Elevated Capital Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $29,000. Chapman Financial Group LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $29,000. Finally, Abound Wealth Management grew its holdings in iShares MSCI USA Min Vol Factor ETF by 437.1% during the fourth quarter. Abound Wealth Management now owns 333 shares of the company’s stock valued at $31,000 after purchasing an additional 271 shares during the period.
iShares MSCI USA Min Vol Factor ETF Price Performance
BATS:USMV opened at $97.13 on Friday. The business has a fifty day simple moving average of $96.05 and a two-hundred day simple moving average of $95.15. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $98.73. The company has a market capitalization of $24.79 billion, a P/E 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.
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