iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Founders Financial Alliance LLC

Founders Financial Alliance LLC lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.0% during the fourth quarter, Holdings Channel reports. The fund owned 4,032 shares of the company’s stock after selling 400 shares during the quarter. Founders Financial Alliance LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $358,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Anchor Investment Management LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% during the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock worth $181,000 after purchasing an additional 112 shares during the last quarter. Flputnam Investment Management Co. grew its stake in iShares MSCI USA Min Vol Factor ETF by 4.3% in the 4th quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock worth $263,000 after acquiring an additional 123 shares during the period. Mcdonald Partners LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.9% in the 4th quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock valued at $1,299,000 after acquiring an additional 125 shares during the last quarter. Aveo Capital Partners LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.7% during the 4th quarter. Aveo Capital Partners LLC now owns 3,598 shares of the company’s stock worth $319,000 after purchasing an additional 129 shares during the period. Finally, First Bank & Trust boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% during the fourth quarter. First Bank & Trust now owns 5,338 shares of the company’s stock worth $474,000 after purchasing an additional 133 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 3.7 %

iShares MSCI USA Min Vol Factor ETF stock opened at $91.90 on Wednesday. The stock has a fifty day moving average price of $91.71 and a 200 day moving average price of $91.58. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The firm has a market capitalization of $23.35 billion, a P/E ratio of 24.43 and a beta of 0.79.

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.