Maripau Wealth Management LLC Makes New Investment in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Maripau Wealth Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 6,499 shares of the company’s stock, valued at approximately $577,000.

Other hedge funds also recently bought and sold shares of the company. Millburn Ridgefield Corp boosted its position in iShares MSCI USA Min Vol Factor ETF by 5.2% during the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after purchasing an additional 180,849 shares in the last quarter. Darrow Company Inc. boosted its position in iShares MSCI USA Min Vol Factor ETF by 0.8% during the fourth quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock worth $13,755,000 after purchasing an additional 1,256 shares in the last quarter. Golden State Wealth Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $1,529,000. SpiderRock Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth approximately $629,000. Finally, Advisors Preferred LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $438,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.60 on Friday. The business has a 50 day simple moving average of $91.19 and a two-hundred day simple moving average of $91.34. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The stock has a market capitalization of $24.04 billion, a P/E ratio of 24.43 and a beta of 0.79.

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.