Nottingham Advisors Inc. Sells 18,053 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Nottingham Advisors Inc. reduced its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 49.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 18,590 shares of the company’s stock after selling 18,053 shares during the quarter. Nottingham Advisors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,651,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in USMV. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $1,176,338,000. LPL Financial LLC raised 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 worth $504,852,000 after buying an additional 328,291 shares during the period. Millburn Ridgefield Corp boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after acquiring an additional 180,849 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after acquiring an additional 21,739 shares in the last quarter. Finally, Assetmark Inc. grew its stake in iShares MSCI USA Min Vol Factor ETF by 0.6% in the fourth quarter. Assetmark Inc. now owns 1,606,337 shares of the company’s stock valued at $142,627,000 after acquiring an additional 10,270 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.7 %

Shares of USMV opened at $93.69 on Thursday. The business’s fifty day moving average is $92.87 and its 200 day moving average is $91.82. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $79.69 and a 12-month high of $95.12. The stock has a market cap of $23.99 billion, a P/E ratio of 24.22 and a beta of 0.74.

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.