Hibernia Wealth Partners LLC Cuts Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Hibernia Wealth Partners LLC lessened its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 16.2% in the 1st quarter, Holdings Channel reports. The firm owned 53,106 shares of the company’s stock after selling 10,272 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for 1.5% of Hibernia Wealth Partners LLC’s investment portfolio, making the stock its 14th largest holding. Hibernia Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,925,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Frankly Finances LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $25,000. Investors Research Corp acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $26,000. Elevated Capital Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $29,000. Chapman Financial Group LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $29,000. Finally, Abound Wealth Management lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 437.1% in the fourth quarter. Abound Wealth Management now owns 333 shares of the company’s stock valued at $31,000 after acquiring an additional 271 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $97.76 on Monday. The business’s 50 day moving average price is $95.84 and its 200-day moving average price is $95.10. The firm has a market capitalization of $24.95 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $98.73.

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.