Maripau Wealth Management LLC Buys Shares of 6,499 iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Maripau Wealth Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, Holdings Channel reports. The fund bought 6,499 shares of the company’s stock, valued at approximately $577,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in USMV. First Trust Direct Indexing L.P. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 30.1% in the third quarter. First Trust Direct Indexing L.P. now owns 13,600 shares of the company’s stock valued at $1,242,000 after purchasing an additional 3,150 shares during the last quarter. Diversify Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $298,000. JFS Wealth Advisors LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 13.0% in the third quarter. JFS Wealth Advisors LLC now owns 3,892 shares of the company’s stock valued at $355,000 after purchasing an additional 449 shares during the last quarter. Focus Financial Network Inc. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% in the third quarter. Focus Financial Network Inc. now owns 45,325 shares of the company’s stock valued at $4,139,000 after purchasing an additional 449 shares during the last quarter. Finally, Royal Harbor Partners LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $8,083,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $94.60 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The stock has a market cap of $24.04 billion, a PE ratio of 24.43 and a beta of 0.79. The stock has a 50 day moving average price of $91.19 and a 200 day moving average price of $91.34.

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.