Sagespring Wealth Partners LLC Invests $32.13 Million in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Sagespring Wealth Partners LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 361,850 shares of the company’s stock, valued at approximately $32,129,000.

A number of other large investors have also added to or reduced their stakes in USMV. Crux Wealth Advisors acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $253,000. Rockefeller Capital Management L.P. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 190,721 shares of the company’s stock worth $16,905,000 after acquiring an additional 3,319 shares during the period. NFP Retirement Inc. grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 22.9% in the fourth quarter. NFP Retirement Inc. now owns 2,815 shares of the company’s stock valued at $250,000 after purchasing an additional 525 shares during the last quarter. Redwood Park Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $5,505,000. Finally, Scotia Capital Inc. lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 3.6% during the 4th quarter. Scotia Capital Inc. now owns 18,943 shares of the company’s stock worth $1,682,000 after purchasing an additional 650 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $89.94 on Friday. The business has a fifty day simple moving average of $92.23 and a 200 day simple moving average of $91.62. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $79.69 and a 1 year high of $95.12. The company has a market capitalization of $23.03 billion, a PE ratio of 24.22 and a beta of 0.74.

About iShares MSCI USA Min Vol Factor ETF

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.