Cadence Bank Has $241,000 Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Cadence Bank trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,719 shares of the company’s stock after selling 130 shares during the period. Cadence Bank’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $241,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Smart Portfolios LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 2.2% during the 4th quarter. Smart Portfolios LLC now owns 5,235 shares of the company’s stock valued at $465,000 after purchasing an additional 112 shares in the last quarter. Heritage Wealth Advisors increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 27.4% in the fourth quarter. Heritage Wealth Advisors now owns 544 shares of the company’s stock valued at $48,000 after buying an additional 117 shares in the last quarter. Flputnam Investment Management Co. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.3% in the fourth quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock valued at $263,000 after buying an additional 123 shares in the last quarter. Mcdonald Partners LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the fourth quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock valued at $1,299,000 after buying an additional 125 shares during the last quarter. Finally, Aveo Capital Partners LLC lifted its position in 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 buying an additional 129 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 1.5 %

USMV opened at $90.00 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $80.12 and a 1-year high of $95.12. The stock has a market capitalization of $23.05 billion, a PE ratio of 24.22 and a beta of 0.74. The firm has a 50-day moving average price of $91.98 and a two-hundred day moving average price of $91.61.

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.