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

SVB Wealth LLC grew its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 26.2% during the 4th quarter, HoldingsChannel reports. The firm owned 10,279 shares of the company’s stock after buying an additional 2,135 shares during the quarter. SVB Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $802,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Yarger Wealth Strategies LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% during the 4th quarter. Yarger Wealth Strategies LLC now owns 13,832 shares of the company’s stock valued at $1,079,000 after buying an additional 139 shares in the last quarter. Hoese & Co LLP lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% during the 4th quarter. Hoese & Co LLP now owns 54,001 shares of the company’s stock valued at $4,123,000 after buying an additional 140 shares in the last quarter. Archer Investment Corp lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.4% during the 3rd quarter. Archer Investment Corp now owns 4,462 shares of the company’s stock valued at $323,000 after buying an additional 146 shares in the last quarter. Adamsbrown Wealth Consultants LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.9% during the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 3,220 shares of the company’s stock valued at $251,000 after buying an additional 149 shares in the last quarter. Finally, Sandy Spring Bank lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 25.7% during the 4th quarter. Sandy Spring Bank now owns 734 shares of the company’s stock valued at $57,000 after buying an additional 150 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $80.49 on Friday. 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 market capitalization of $23.54 billion, a price-to-earnings ratio of 25.31 and a beta of 0.59. The business’s 50 day moving average price is $81.72 and its 200-day moving average price is $78.10.

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.