PCA Investment Advisory Services Inc. decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 4.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 21,208 shares of the company’s stock after selling 995 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up approximately 0.9% of PCA Investment Advisory Services Inc.’s investment portfolio, making the stock its 25th largest position. PCA Investment Advisory Services Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,883,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Headlands Technologies LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at about $30,000. Fortitude Family Office LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $38,000. Bfsg LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 116.9% during the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after buying an additional 228 shares in the last quarter. Arrow Financial Corp acquired a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $45,000. Finally, Eastern Bank purchased a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at about $92,000.
iShares MSCI USA Min Vol Factor ETF Trading Up 0.6 %
USMV stock opened at $88.17 on Tuesday. The firm has a 50 day moving average of $91.41 and a 200-day moving average of $89.84. The company has a market cap of $25.83 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45.
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.
Read More
- Five stocks we like better than iShares MSCI USA Min Vol Factor ETF
- Profitably Trade Stocks at 52-Week Highs
- Cintas: Trade Uncertainty Creates a Buy-the-Dip Opportunity
- What Does a Stock Split Mean?
- 3 Stocks to Benefit From China’s Rare Earth Export Ban on U.S.
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Why Goldman Sachs Just Upgraded These 3 Stocks and What It Means
Want to see what other hedge funds are holding USMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report).
Receive News & Ratings for iShares MSCI USA Min Vol Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Min Vol Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
