Vima LLC Makes New Investment in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Vima LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 745 shares of the company’s stock, valued at approximately $58,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Kestra Advisory Services LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 10.3% during the third quarter. Kestra Advisory Services LLC now owns 328,092 shares of the company’s stock worth $23,747,000 after buying an additional 30,629 shares during the period. WCG Wealth Advisors LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 47.3% during the third quarter. WCG Wealth Advisors LLC now owns 43,029 shares of the company’s stock worth $3,114,000 after buying an additional 13,818 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth $246,963,000. FMR LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 51.5% during the third quarter. FMR LLC now owns 26,644,002 shares of the company’s stock worth $1,928,493,000 after buying an additional 9,059,409 shares during the period. Finally, Balentine LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 30.5% during the third quarter. Balentine LLC now owns 1,853 shares of the company’s stock worth $134,000 after buying an additional 433 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV traded up $0.06 during midday trading on Friday, hitting $82.87. 1,156,090 shares of the stock were exchanged. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The stock has a fifty day simple moving average of $82.10 and a 200 day simple moving average of $80.64. The firm has a market cap of $24.28 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.