iShares MSCI USA Min Vol Factor ETF $USMV is Cassia Capital Partners LLC’s Largest Position

Cassia Capital Partners LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 227,493 shares of the company’s stock after purchasing an additional 10,245 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for 11.6% of Cassia Capital Partners LLC’s investment portfolio, making the stock its biggest position. Cassia Capital Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $21,423,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in USMV. Secure Asset Management LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 2.8% during the third quarter. Secure Asset Management LLC now owns 3,904 shares of the company’s stock valued at $371,000 after buying an additional 108 shares during the period. Patriot Investment Management Group Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the 3rd quarter. Patriot Investment Management Group Inc. now owns 29,572 shares of the company’s stock valued at $2,814,000 after acquiring an additional 111 shares during the last quarter. Venturi Wealth Management LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 6,122 shares of the company’s stock valued at $582,000 after acquiring an additional 111 shares during the last quarter. Partners Capital Investment Group LLP boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.4% during the 3rd quarter. Partners Capital Investment Group LLP now owns 29,220 shares of the company’s stock valued at $2,780,000 after acquiring an additional 112 shares during the period. Finally, Modera Wealth Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 4.1% during the 3rd quarter. Modera Wealth Management LLC now owns 2,836 shares of the company’s stock valued at $270,000 after acquiring an additional 113 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $93.36 on Friday. The stock’s 50 day simple moving average is $95.10 and its 200 day simple moving average is $94.52. The firm has a market cap of $23.83 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $98.07.

iShares MSCI USA Min Vol Factor ETF Company 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.