LPF Advisors LLC Has $511,000 Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

LPF Advisors LLC lessened its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.6% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 6,117 shares of the company’s stock after selling 500 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises about 0.5% of LPF Advisors LLC’s portfolio, making the stock its 14th largest holding. LPF Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $511,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Keener Financial Planning LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $26,000. Horrell Capital Management Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $27,000. Global Trust Asset Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $27,000. M&R Capital Management Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $34,000. Finally, SYM FINANCIAL Corp increased its stake in iShares MSCI USA Min Vol Factor ETF by 232.9% in the fourth quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock valued at $38,000 after acquiring an additional 340 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock traded up $0.64 during trading on Friday, reaching $85.66. 1,244,692 shares of the company were exchanged. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The company has a market capitalization of $25.10 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The company has a 50-day moving average of $83.40 and a two-hundred day moving average of $81.63.

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.