iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Bought by Marcum Wealth LLC

Marcum Wealth LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.6% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 17,231 shares of the company’s stock after buying an additional 267 shares during the period. Marcum Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,530,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Headlands Technologies LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $30,000. Fortitude Family Office LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth $38,000. Bfsg LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 116.9% in the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after buying an additional 228 shares during the last quarter. Arrow Financial Corp acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $45,000. Finally, Eastern Bank purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth $92,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock opened at $88.17 on Tuesday. The stock has a market capitalization of $25.83 billion, a PE ratio of 25.30 and a beta of 0.59. 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 fifty day moving average of $91.41 and a 200-day moving average of $89.84.

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.