Great Diamond Partners LLC Takes $1.03 Million Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Great Diamond Partners LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 11,612 shares of the company’s stock, valued at approximately $1,031,000.

Other large investors have also recently added to or reduced their stakes in the company. AlphaMark Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $30,000. Valued Wealth Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $30,000. Sound Income Strategies LLC raised its position in 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 purchasing an additional 143 shares in the last quarter. Fortitude Family Office LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $38,000. Finally, Bfsg LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% during the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after buying an additional 228 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock opened at $91.97 on Friday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The company’s 50 day moving average price is $90.96 and its 200 day moving average price is $90.33. The firm has a market capitalization of $26.95 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.