Jmac Enterprises LLC Acquires 5,476 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Jmac Enterprises LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 100,470 shares of the company’s stock after buying an additional 5,476 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up about 1.4% of Jmac Enterprises LLC’s holdings, making the stock its 20th largest holding. Jmac Enterprises LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $8,921,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Stonebridge Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $28,000. AlphaMark Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $30,000. Valued Wealth Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $30,000. Sound Income Strategies LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% in the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after buying an additional 143 shares during the last quarter. Finally, Fortitude Family Office LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $38,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.1 %

Shares of USMV opened at $93.20 on Wednesday. The company’s fifty day simple moving average is $90.74 and its 200 day simple moving average is $90.72. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The company has a market cap of $27.31 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.