Yarger Wealth Strategies LLC Increases Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Yarger Wealth Strategies LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 13,832 shares of the company’s stock after purchasing an additional 139 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises about 0.9% of Yarger Wealth Strategies LLC’s holdings, making the stock its 25th biggest holding. Yarger Wealth Strategies LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,079,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Horrell Capital Management Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $27,000. Global Trust Asset Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $27,000. Eagle Bay Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $28,000. Stonebridge Capital Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 180.4% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 401 shares of the company’s stock worth $29,000 after acquiring an additional 258 shares in the last quarter. Finally, BNP Paribas Arbitrage SNC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $31,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV opened at $83.58 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The company has a 50 day simple moving average of $81.23 and a two-hundred day simple moving average of $77.26. The firm has a market cap of $32.06 billion, a P/E ratio of 20.17 and a beta of 0.75.

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.