JGP Wealth Management LLC Purchases New Shares in iShares MSCI USA Min Vol Factor ETF $USMV

JGP Wealth Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 7,450 shares of the company’s stock, valued at approximately $701,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Harbor Group Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $371,000. Atlas Brown Inc. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 3.0% in the fourth quarter. Atlas Brown Inc. now owns 4,373 shares of the company’s stock valued at $412,000 after acquiring an additional 128 shares in the last quarter. Diversified Trust Co. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the fourth quarter. Diversified Trust Co. now owns 24,006 shares of the company’s stock valued at $2,260,000 after acquiring an additional 221 shares during the last quarter. Breakwater Capital Group lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 7.9% during the fourth quarter. Breakwater Capital Group now owns 2,352 shares of the company’s stock worth $221,000 after acquiring an additional 173 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 2.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,977,742 shares of the company’s stock worth $659,752,000 after acquiring an additional 145,843 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $92.76 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $98.07. The company has a market capitalization of $23.67 billion, a PE ratio of 22.90 and a beta of 0.72. The business has a fifty day moving average price of $95.42 and a two-hundred day moving average price of $94.63.

About iShares MSCI USA Min Vol Factor ETF

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.