Blue Zone Wealth Advisors LLC Buys 247 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Blue Zone Wealth Advisors LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,779 shares of the company’s stock after purchasing an additional 247 shares during the quarter. Blue Zone Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $345,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Headlands Technologies LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $30,000. Gleason Group Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $32,000. Hantz Financial Services Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $33,000. Strategic Financial Concepts LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $35,000. Finally, Naples Money Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter worth $41,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $90.11 on Tuesday. The company has a market capitalization of $26.40 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The business’s fifty day moving average is $89.64 and its 200 day moving average is $85.40.

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.