JGP Wealth Management LLC Purchases Shares of 7,450 iShares MSCI USA Min Vol Factor ETF $USMV

JGP Wealth Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 7,450 shares of the company’s stock, valued at approximately $701,000.

A number of other hedge funds have also recently made changes to their positions in the business. Investors Research Corp bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $26,000. Chapman Financial Group LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $29,000. Manning & Napier Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $30,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $35,000. Finally, Steigerwald Gordon & Koch Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $48,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.4%

Shares of BATS:USMV opened at $92.76 on Tuesday. The business’s 50 day moving average is $95.42 and its 200 day moving average is $94.63. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $98.07. The stock has a market cap of $23.67 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.