Thoroughbred Financial Services LLC Sells 119 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Thoroughbred Financial Services LLC reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,459 shares of the company’s stock after selling 119 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,461,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in USMV. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th 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% in the fourth 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 in the last quarter. Millburn Ridgefield Corp lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 5.2% during the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after buying an additional 180,849 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after buying an additional 21,739 shares during the period. Finally, Assetmark Inc. boosted its position in iShares MSCI USA Min Vol Factor ETF by 0.6% during the 4th 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 in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 1.6 %

USMV opened at $87.26 on Friday. The firm has a market cap of $22.35 billion, a price-to-earnings ratio of 24.22 and a beta of 0.74. 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 fifty day moving average price of $92.83 and a 200-day moving average price of $91.79.

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.