Moment Partners LLC Buys Shares of 6,078 iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Moment Partners LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 6,078 shares of the company’s stock, valued at approximately $540,000.

A number of other hedge funds have also modified their holdings of USMV. Millburn Ridgefield Corp raised its position in iShares MSCI USA Min Vol Factor ETF by 5.2% during the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after acquiring an additional 180,849 shares in the last quarter. Darrow Company Inc. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 4th quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock valued at $13,755,000 after purchasing an additional 1,256 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $1,529,000. Advisors Preferred LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $438,000. Finally, MONECO Advisors LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 0.4% during the fourth quarter. MONECO Advisors LLC now owns 106,286 shares of the company’s stock worth $9,437,000 after buying an additional 427 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $93.13 on Thursday. The firm has a market cap of $24.31 billion, a P/E ratio of 24.03 and a beta of 0.77. The stock’s 50-day moving average is $92.54 and its two-hundred day moving average is $91.72. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $79.69 and a fifty-two week high of $95.12.

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.