iShares MSCI USA Min Vol Factor ETF $USMV is Barrett & Company Inc.’s 3rd Largest Position

Barrett & Company Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 175,048 shares of the company’s stock after purchasing an additional 6,328 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for 5.5% of Barrett & Company Inc.’s portfolio, making the stock its 3rd largest position. Barrett & Company Inc. owned about 0.07% of iShares MSCI USA Min Vol Factor ETF worth $16,483,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Frankly Finances LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $25,000. Investors Research Corp purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $26,000. Elevated Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $29,000. Chapman Financial Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth approximately $29,000. Finally, Manning & Napier Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $30,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $94.31 on Friday. The stock’s 50 day moving average price is $94.66 and its 200 day moving average price is $94.49. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $89.85 and a 52 week high of $98.07. The company has a market capitalization of $24.07 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.