Adaptive Financial Consulting LLC Has $21.85 Million Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

Adaptive Financial Consulting LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 235,579 shares of the company’s stock after purchasing an additional 12,740 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 8.4% of Adaptive Financial Consulting LLC’s holdings, making the stock its 4th biggest position. Adaptive Financial Consulting LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $21,848,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of USMV. Frankly Finances LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $25,000. Investors Research Corp purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $26,000. Elevated Capital Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $29,000. Chapman Financial Group LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $29,000. Finally, Ankerstar Wealth LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $31,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $97.13 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $98.73. The business has a fifty day moving average price of $96.05 and a 200-day moving average price of $95.15. The firm has a market capitalization of $24.79 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.