Mutual Advisors LLC Lowers Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Mutual Advisors LLC lowered its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 21.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,044 shares of the company’s stock after selling 9,271 shares during the period. Mutual Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,206,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Frankly Finances LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $25,000. Investors Research Corp purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $26,000. Elevated Capital Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $29,000. Chapman Financial Group LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth about $29,000. Finally, Manning & Napier Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $30,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $94.58 on Friday. The firm has a market cap of $24.14 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $98.07. The firm’s 50-day simple moving average is $94.46 and its 200-day simple moving average is $94.46.

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.