Edgestream Partners L.P. Buys New Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Edgestream Partners L.P. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the first quarter, Holdings Channel.com reports. The institutional investor purchased 8,863 shares of the company’s stock, valued at approximately $822,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of USMV. Hibernia Wealth Partners LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 66.1% during the fourth quarter. Hibernia Wealth Partners LLC now owns 63,378 shares of the company’s stock worth $5,968,000 after purchasing an additional 25,216 shares during the period. Western Wealth Management LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 28.4% in the fourth quarter. Western Wealth Management LLC now owns 74,251 shares of the company’s stock valued at $6,992,000 after acquiring an additional 16,434 shares during the period. Concurrent Investment Advisors LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 9.9% in the fourth quarter. Concurrent Investment Advisors LLC now owns 93,655 shares of the company’s stock valued at $8,819,000 after acquiring an additional 8,469 shares during the period. Dara Capital US Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $542,000. Finally, Vise Technologies Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 51.0% during the fourth quarter. Vise Technologies Inc. now owns 50,158 shares of the company’s stock worth $4,723,000 after acquiring an additional 16,949 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV opened at $99.70 on Wednesday. The stock has a market cap of $25.44 billion, a PE ratio of 22.90 and a beta of 0.72. The business has a fifty day moving average of $96.57 and a two-hundred day moving average of $95.43. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $99.79.

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.