Unique Wealth LLC Acquires Shares of 2,384 iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Unique Wealth LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 2,384 shares of the company’s stock, valued at approximately $212,000.

Several other hedge funds and other institutional investors have also made changes to their positions in USMV. Carrera Capital Advisors bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $33,148,000. LPL Financial LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after acquiring an additional 346,414 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $18,422,000. Bank of Montreal Can lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 572.4% in the 2nd quarter. Bank of Montreal Can now owns 250,380 shares of the company’s stock valued at $21,142,000 after acquiring an additional 213,145 shares during the last quarter. Finally, Magnolia Capital Advisors LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 867.8% in the second quarter. Magnolia Capital Advisors LLC now owns 219,897 shares of the company’s stock worth $18,463,000 after purchasing an additional 197,175 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $88.17 on Tuesday. The company has a market cap of $25.83 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The firm has a 50-day simple moving average of $91.41 and a two-hundred day simple moving average of $89.84.

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.