5,770 Shares in iShares MSCI USA Min Vol Factor ETF $USMV Bought by Gilpin Wealth Management LLC

Gilpin Wealth Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,770 shares of the company’s stock, valued at approximately $543,000.

A number of other hedge funds have also recently bought and sold shares of USMV. Junto Capital Management LP bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $85,107,000. BNP Paribas Financial Markets boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 10,472.3% in the 4th quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock valued at $75,398,000 after purchasing an additional 793,173 shares during the period. Two Sigma Investments LP boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 26.1% in the 3rd quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock valued at $260,056,000 after purchasing an additional 565,200 shares during the period. Ameriprise Financial Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 18.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock valued at $271,634,000 after purchasing an additional 452,184 shares during the period. Finally, Barclays PLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 238.2% in the 3rd quarter. Barclays PLC now owns 500,271 shares of the company’s stock valued at $47,596,000 after purchasing an additional 352,366 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $95.22 on Thursday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $98.07. The firm has a fifty day moving average price of $94.76 and a two-hundred day moving average price of $94.81. The company has a market cap of $24.30 billion, a PE ratio of 22.90 and a beta of 0.72.

About iShares MSCI USA Min Vol Factor ETF

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.