Allianz Asset Management GmbH cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 12.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 319,342 shares of the company’s stock after selling 44,675 shares during the quarter. Allianz Asset Management GmbH owned 0.11% of iShares MSCI USA Min Vol Factor ETF worth $28,354,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also bought and sold shares of the company. Stonebridge Financial Group LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $28,000. AlphaMark Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $30,000. Valued Wealth Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $30,000. Sound Income Strategies LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% in the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after acquiring an additional 143 shares during the last quarter. Finally, Fortitude Family Office LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $38,000.
iShares MSCI USA Min Vol Factor ETF Stock Performance
Shares of USMV opened at $93.06 on Monday. The firm has a market cap of $27.27 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. 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 firm has a 50 day moving average price of $90.80 and a 200-day moving average price of $91.16.
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.
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