Y Intercept Hong Kong Ltd Acquires Shares of 12,728 iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Y Intercept Hong Kong Ltd bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 12,728 shares of the company’s stock, valued at approximately $1,130,000.

Several other hedge funds have also modified their holdings of USMV. BCGM Wealth Management LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 0.8% during the fourth quarter. BCGM Wealth Management LLC now owns 19,033 shares of the company’s stock worth $1,690,000 after purchasing an additional 154 shares in the last quarter. MONECO Advisors LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% during the 4th quarter. MONECO Advisors LLC now owns 106,286 shares of the company’s stock worth $9,437,000 after buying an additional 427 shares during the period. Wealthspire Advisors LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 17.2% during the 4th quarter. Wealthspire Advisors LLC now owns 7,087 shares of the company’s stock valued at $629,000 after buying an additional 1,041 shares in the last quarter. PMG Wealth Management Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $1,030,000. Finally, VisionPoint Advisory Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $119,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $93.31 on Thursday. The company has a fifty day moving average of $90.97 and a two-hundred day moving average of $91.27. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The stock has a market capitalization of $23.71 billion, a PE ratio of 24.43 and a beta of 0.79.

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.