Ariadne Wealth Management LP Acquires 1,781 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Ariadne Wealth Management LP boosted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 33.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,097 shares of the company’s stock after acquiring an additional 1,781 shares during the period. Ariadne Wealth Management LP’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $661,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. VSM Wealth Advisory LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $27,000. Stonebridge Financial Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $28,000. AlphaMark Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth 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 fourth quarter worth approximately $30,000. Finally, Sound Income Strategies LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after acquiring an additional 143 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $93.08 on Tuesday. The firm has a market cap of $24.29 billion, a price-to-earnings ratio of 24.03 and a beta of 0.77. The stock’s fifty day moving average price is $92.36 and its two-hundred day moving average price is $91.68. iShares MSCI USA Min Vol Factor ETF has a one year low of $79.69 and a one year high of $95.12.

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.