Headlands Technologies LLC Invests $30,000 in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Headlands Technologies LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 356 shares of the company’s stock, valued at approximately $30,000.

Other hedge funds have also recently made changes to their positions in the company. Camden National Bank boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.7% during the 4th quarter. Camden National Bank now owns 61,741 shares of the company’s stock worth $4,818,000 after purchasing an additional 2,188 shares during the period. Morningstar Investment Services LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 96.7% during the 4th quarter. Morningstar Investment Services LLC now owns 10,924 shares of the company’s stock worth $851,000 after purchasing an additional 5,369 shares during the period. Focus Financial Network Inc. ADV purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $7,550,000. Harvest Investment Services LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $61,000. Finally, Tradition Wealth Management LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 34.0% during the 4th quarter. Tradition Wealth Management LLC now owns 112,962 shares of the company’s stock worth $8,814,000 after purchasing an additional 28,667 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $91.29 on Wednesday. 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 stock has a market capitalization of $26.75 billion, a P/E ratio of 25.30 and a beta of 0.59. The company has a 50 day moving average price of $88.18 and a 200 day moving average price of $84.55.

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.