iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Bought by Flputnam Investment Management Co.

Flputnam Investment Management Co. raised its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,965 shares of the company’s stock after purchasing an additional 123 shares during the quarter. Flputnam Investment Management Co.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $263,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of USMV. Millburn Ridgefield Corp boosted its position in iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after buying an additional 180,849 shares during the last quarter. Darrow Company Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% during the 4th quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock valued at $13,755,000 after acquiring an additional 1,256 shares during the period. Golden State Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $1,529,000. SpiderRock Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth $629,000. Finally, Advisors Preferred LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $438,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $94.37 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The company has a market capitalization of $23.98 billion, a PE ratio of 24.43 and a beta of 0.79. The company has a fifty day moving average of $91.29 and a 200 day moving average of $91.44.

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.