Mascoma Wealth Management LLC Has $7.10 Million Position in iShares MSCI USA Min Vol Factor ETF $USMV

Mascoma Wealth Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 213.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 76,590 shares of the company’s stock after acquiring an additional 52,184 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for about 1.5% of Mascoma Wealth Management LLC’s investment portfolio, making the stock its 16th biggest position. Mascoma Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,103,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% during the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after buying an additional 1,291 shares during the period. Jane Street Group LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 366.3% in the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after acquiring an additional 27,868 shares during the period. Hsbc Holdings PLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth $399,000. First Trust Advisors LP raised its stake in iShares MSCI USA Min Vol Factor ETF by 39.0% during the second quarter. First Trust Advisors LP now owns 7,845 shares of the company’s stock worth $736,000 after acquiring an additional 2,201 shares in the last quarter. Finally, Qube Research & Technologies Ltd lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 465.5% during the second quarter. Qube Research & Technologies Ltd now owns 244,764 shares of the company’s stock valued at $22,976,000 after acquiring an additional 201,483 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV traded up $0.16 on Friday, hitting $97.76. The stock had a trading volume of 1,808,736 shares, compared to its average volume of 2,501,746. The firm’s 50 day moving average price is $95.84 and its 200-day moving average price is $95.10. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $91.02 and a twelve month high of $98.73. The company has a market capitalization of $24.95 billion, a price-to-earnings 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.