Hibernia Wealth Partners LLC Grows Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Hibernia Wealth Partners LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 103.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 76,157 shares of the company’s stock after buying an additional 38,703 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up about 2.3% of Hibernia Wealth Partners LLC’s investment portfolio, making the stock its 10th largest holding. Hibernia Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,149,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,675,665 shares of the company’s stock valued at $628,581,000 after acquiring an additional 51,463 shares in the last quarter. LPL Financial LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.4% in the first quarter. LPL Financial LLC now owns 5,876,594 shares of the company’s stock worth $550,402,000 after purchasing an additional 190,680 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% during the second quarter. Envestnet Asset Management Inc. now owns 4,686,964 shares of the company’s stock valued at $439,962,000 after purchasing an additional 81,787 shares during the period. JPMorgan Chase & Co. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 17.3% during the first quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock valued at $360,219,000 after purchasing an additional 568,565 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 10.7% during the first quarter. Ameriprise Financial Inc. now owns 2,440,656 shares of the company’s stock valued at $228,646,000 after purchasing an additional 235,117 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.1%

Shares of USMV opened at $94.07 on Friday. The firm has a 50-day moving average price of $94.10 and a 200 day moving average price of $93.48. The firm has a market capitalization of $24.01 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 and a 52-week high of $95.12.

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.