TritonPoint Partners LLC Makes New Investment in iShares MSCI USA Min Vol Factor ETF $USMV

TritonPoint Partners LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 14,747 shares of the company’s stock, valued at approximately $1,389,000.

Several other hedge funds have also recently added to or reduced their stakes in USMV. Frankly Finances LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $25,000. Investors Research Corp bought a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $26,000. Elevated Capital Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $29,000. Chapman Financial Group LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $29,000. Finally, Abound Wealth Management increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 437.1% in the fourth quarter. Abound Wealth Management now owns 333 shares of the company’s stock worth $31,000 after buying an additional 271 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $96.05 on Monday. The company has a market cap of $24.51 billion, a P/E ratio of 22.90 and a beta of 0.72. The business’s 50-day moving average price is $94.89 and its 200-day moving average price is $94.84. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $98.07.

iShares MSCI USA Min Vol Factor ETF Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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