Morey & Quinn Wealth Partners LLC Purchases Shares of 2,295 iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Morey & Quinn Wealth Partners LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, Holdings Channel reports. The fund acquired 2,295 shares of the company’s stock, valued at approximately $204,000.

A number of other hedge funds have also modified their holdings of USMV. Raymond James Financial Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $1,176,338,000. LPL Financial LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 6.1% during the fourth quarter. LPL Financial LLC now owns 5,685,914 shares of the company’s stock worth $504,852,000 after purchasing an additional 328,291 shares during the last quarter. Millburn Ridgefield Corp increased its stake in iShares MSCI USA Min Vol Factor ETF by 5.2% in the 4th quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after buying an additional 180,849 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after buying an additional 21,739 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% in the 4th quarter. Assetmark Inc. now owns 1,606,337 shares of the company’s stock valued at $142,627,000 after acquiring an additional 10,270 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $93.13 on Thursday. The business’s 50-day simple moving average is $92.54 and its 200 day simple moving average is $91.72. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $79.69 and a 52-week high of $95.12. The firm has a market capitalization of $24.31 billion, a PE ratio of 24.03 and a beta of 0.77.

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.