iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Position Boosted by Diversified LLC

Diversified LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 30,240 shares of the company’s stock after purchasing an additional 496 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises approximately 0.3% of Diversified LLC’s portfolio, making the stock its 29th biggest holding. Diversified LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,761,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Headlands Technologies LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $30,000. Gleason Group Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $32,000. Hantz Financial Services Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $33,000. Fortitude Family Office LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth about $38,000. Finally, Bfsg LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after buying an additional 228 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV opened at $93.46 on Monday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The company has a 50-day moving average of $91.64 and a two-hundred day moving average of $87.87. The stock has a market cap of $27.38 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.