Avalon Trust Co Sells 1,500 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Avalon Trust Co cut its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 27.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,050 shares of the company’s stock after selling 1,500 shares during the quarter. Avalon Trust Co’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $360,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Stonebridge Financial Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $28,000. AlphaMark Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $30,000. Valued Wealth Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $30,000. Sound Income Strategies LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 65.0% in the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after purchasing an additional 143 shares in the last quarter. Finally, Crews Bank & Trust bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $46,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 3.9 %

USMV stock opened at $92.09 on Friday. The business has a 50 day moving average price of $91.87 and a two-hundred day moving average price of $91.60. The company has a market cap of $24.04 billion, a price-to-earnings ratio of 24.03 and a beta of 0.77. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45.

About iShares MSCI USA Min Vol Factor ETF

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.