Newton One Investments LLC Invests $67,000 in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Newton One Investments LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 750 shares of the company’s stock, valued at approximately $67,000.

Other hedge funds have also added to or reduced their stakes in the company. AQR Capital Management LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 101.3% during the 2nd quarter. AQR Capital Management LLC now owns 27,458 shares of the company’s stock worth $2,305,000 after purchasing an additional 13,818 shares during the last quarter. GAMMA Investing LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 17.7% during the third quarter. GAMMA Investing LLC now owns 1,977 shares of the company’s stock worth $181,000 after acquiring an additional 298 shares during the last quarter. WealthBridge Capital Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 2.8% in the third quarter. WealthBridge Capital Management LLC now owns 48,500 shares of the company’s stock valued at $4,429,000 after acquiring an additional 1,326 shares during the last quarter. Fulton Bank N.A. increased its position in iShares MSCI USA Min Vol Factor ETF by 34.0% during the 3rd quarter. Fulton Bank N.A. now owns 3,382 shares of the company’s stock valued at $309,000 after purchasing an additional 858 shares during the period. Finally, Blue Zone Wealth Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 7.0% during the 3rd quarter. Blue Zone Wealth Advisors LLC now owns 3,779 shares of the company’s stock worth $345,000 after purchasing an additional 247 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.3 %

Shares of BATS USMV opened at $92.41 on Tuesday. The firm has a fifty day simple moving average of $90.93 and a 200 day simple moving average of $90.42. 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 capitalization of $27.08 billion, a PE ratio of 25.30 and a beta of 0.59.

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.