Eq LLC lessened its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 8.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,080 shares of the company’s stock after selling 1,174 shares during the quarter. Eq LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,073,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Millburn Ridgefield Corp grew its stake in iShares MSCI USA Min Vol Factor ETF by 5.2% in the 4th quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after purchasing an additional 180,849 shares during the period. Darrow Company Inc. lifted its position in iShares MSCI USA Min Vol Factor ETF by 0.8% during the fourth quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock valued at $13,755,000 after purchasing an additional 1,256 shares during the last quarter. Golden State Wealth Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $1,529,000. SpiderRock Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at about $629,000. Finally, Advisors Preferred LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $438,000.
iShares MSCI USA Min Vol Factor ETF Stock Performance
Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.09 on Wednesday. The company’s 50 day moving average price is $90.92 and its 200-day moving average price is $91.26. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The stock has a market capitalization of $23.91 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79.
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.
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