Aspiriant LLC Grows Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Aspiriant LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 104,673 shares of the company’s stock after buying an additional 352 shares during the quarter. Aspiriant LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,294,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Leonard Rickey Investment Advisors P.L.L.C. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.5% in the fourth quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 174,308 shares of the company’s stock worth $15,477,000 after buying an additional 833 shares in the last quarter. Diversify Advisory Services LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% in the fourth quarter. Diversify Advisory Services LLC now owns 83,992 shares of the company’s stock valued at $7,364,000 after purchasing an additional 1,046 shares in the last quarter. Diversify Wealth Management LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 23.9% in the fourth quarter. Diversify Wealth Management LLC now owns 4,024 shares of the company’s stock valued at $353,000 after purchasing an additional 777 shares in the last quarter. Client 1ST Advisory Group LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $861,000. Finally, HB Wealth Management LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 16.6% in the fourth quarter. HB Wealth Management LLC now owns 20,711 shares of the company’s stock valued at $1,839,000 after purchasing an additional 2,948 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock opened at $89.87 on Tuesday. The firm has a fifty day moving average price of $91.09 and a 200 day moving average price of $90.03. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The firm has a market cap of $26.33 billion, a PE ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF Company 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.