Hibernia Wealth Partners LLC Reduces Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Hibernia Wealth Partners LLC lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 49.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,162 shares of the company’s stock after selling 37,995 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for approximately 2.3% of Hibernia Wealth Partners LLC’s holdings, making the stock its 11th biggest holding. Hibernia Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,631,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in USMV. Raymond James Financial Inc. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% in the 2nd quarter. Raymond James Financial Inc. now owns 13,315,040 shares of the company’s stock worth $1,249,883,000 after purchasing an additional 191,453 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 2.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,831,899 shares of the company’s stock worth $650,670,000 after buying an additional 156,234 shares in the last quarter. Millburn Ridgefield LLC DE lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 5.4% in the third quarter. Millburn Ridgefield LLC DE now owns 3,752,960 shares of the company’s stock worth $357,057,000 after buying an additional 190,646 shares during the period. Ameriprise Financial Inc. boosted its position in iShares MSCI USA Min Vol Factor ETF by 18.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock valued at $271,634,000 after acquiring an additional 452,184 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in iShares MSCI USA Min Vol Factor ETF by 26.3% during the 2nd quarter. Cetera Investment Advisers now owns 2,142,277 shares of the company’s stock valued at $201,096,000 after acquiring an additional 445,896 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock opened at $96.65 on Friday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $98.07. The company has a market capitalization of $24.67 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The business’s 50 day moving average price is $95.38 and its two-hundred day moving average price is $94.59.

iShares MSCI USA Min Vol Factor ETF 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.