Ariadne Wealth Management LP Has $661,000 Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Ariadne Wealth Management LP lifted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 33.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 7,097 shares of the company’s stock after buying an additional 1,781 shares during the quarter. Ariadne Wealth Management LP’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $661,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $1,176,338,000. Lockheed Martin Investment Management Co. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $62,801,000. LPL Financial LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 6.1% during the 4th quarter. LPL Financial LLC now owns 5,685,914 shares of the company’s stock valued at $504,852,000 after purchasing an additional 328,291 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 6,039.6% during the 4th quarter. Sequoia Financial Advisors LLC now owns 285,738 shares of the company’s stock worth $25,371,000 after acquiring an additional 281,084 shares during the last quarter. Finally, Independent Advisor Alliance purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $17,861,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.0 %

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 has a fifty day simple moving average of $92.36 and a two-hundred day simple moving average of $91.68. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $79.69 and a 1-year high of $95.12.

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.