Houlihan Financial Resource Group Ltd. Increases Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Houlihan Financial Resource Group Ltd. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 143.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 38,735 shares of the company’s stock after buying an additional 22,795 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises approximately 1.4% of Houlihan Financial Resource Group Ltd.’s holdings, making the stock its 25th largest position. Houlihan Financial Resource Group Ltd.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,660,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Frankly Finances LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $25,000. Investors Research Corp purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $26,000. Elevated Capital Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $29,000. Chapman Financial Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $29,000. Finally, Abound Wealth Management raised its stake in iShares MSCI USA Min Vol Factor ETF by 437.1% during the 4th quarter. Abound Wealth Management now owns 333 shares of the company’s stock valued at $31,000 after buying an additional 271 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $96.33 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $98.07. The stock’s fifty day moving average is $94.10 and its 200 day moving average is $94.66. The stock has a market cap of $24.58 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.