iShares MSCI USA Min Vol Factor ETF $USMV Stock Position Increased by Vise Technologies Inc.

Vise Technologies Inc. lifted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 51.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 50,158 shares of the company’s stock after buying an additional 16,949 shares during the quarter. Vise Technologies Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,723,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Frankly Finances LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $25,000. Investors Research Corp bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $26,000. Elevated Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $29,000. Chapman Financial Group LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth $29,000. Finally, Abound Wealth Management raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 437.1% in the 4th quarter. Abound Wealth Management now owns 333 shares of the company’s stock worth $31,000 after buying an additional 271 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $95.64 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $98.07. The stock’s fifty day moving average is $94.54 and its 200-day moving average is $94.76. The company has a market capitalization of $24.41 billion, a PE ratio of 22.90 and a beta of 0.72.

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.