Leavell Investment Management Inc. Has $418,000 Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Leavell Investment Management Inc. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 40.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,709 shares of the company’s stock after buying an additional 1,345 shares during the quarter. Leavell Investment Management Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $418,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of USMV. Brighton Jones LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.1% during the third quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock valued at $913,000 after acquiring an additional 111 shares during the period. Anchor Investment Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 6.0% during the third quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after acquiring an additional 112 shares during the period. Sensible Money LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.4% during the third quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock valued at $797,000 after acquiring an additional 121 shares during the period. Asset Dedication LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.5% during the third quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock valued at $765,000 after acquiring an additional 121 shares during the period. Finally, Foster Victor Wealth Advisors LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 4.8% during the third quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock valued at $244,000 after acquiring an additional 123 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock opened at $93.69 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The company has a 50-day moving average of $90.71 and a two-hundred day moving average of $90.78. The stock has a market capitalization of $27.45 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.