Lodestar Private Asset Management LLC Has $2.70 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Lodestar Private Asset Management LLC decreased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,383 shares of the company’s stock after selling 316 shares during the period. Lodestar Private Asset Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,698,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Keystone Financial Group Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $828,000. Darrow Company Inc. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the fourth quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock valued at $13,755,000 after purchasing an additional 1,256 shares in the last quarter. Strategic Financial Concepts LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $16,911,000. Consolidated Portfolio Review Corp acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $638,000. Finally, Rik Saylor Financial Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $4,015,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.0 %

USMV stock opened at $93.08 on Friday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The company has a market cap of $27.27 billion, a P/E ratio of 25.30 and a beta of 0.59. The business has a fifty day moving average of $90.83 and a 200-day moving average of $90.53.

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.