iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by New Century Financial Group LLC

New Century Financial Group LLC trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,842 shares of the company’s stock after selling 1,815 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for approximately 0.8% of New Century Financial Group LLC’s holdings, making the stock its 23rd biggest position. New Century Financial Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,946,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of USMV. High Probability Advisors LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during the fourth quarter. High Probability Advisors LLC now owns 340,380 shares of the company’s stock worth $30,222,000 after buying an additional 4,920 shares during the period. Yeomans Consulting Group Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 2.5% during the 4th quarter. Yeomans Consulting Group Inc. now owns 35,032 shares of the company’s stock valued at $3,110,000 after acquiring an additional 839 shares in the last quarter. Apeiron RIA LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 7.2% during the 4th quarter. Apeiron RIA LLC now owns 9,758 shares of the company’s stock worth $866,000 after acquiring an additional 655 shares during the period. Mutual Advisors LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Mutual Advisors LLC now owns 35,360 shares of the company’s stock worth $3,172,000 after purchasing an additional 1,759 shares in the last quarter. Finally, Independent Wealth Network Inc. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.2% during the fourth quarter. Independent Wealth Network Inc. now owns 3,091 shares of the company’s stock valued at $274,000 after purchasing an additional 208 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 2.6 %

USMV stock opened at $90.95 on Friday. The company has a 50-day simple moving average of $90.99 and a 200 day simple moving average of $90.08. The company has a market capitalization of $26.65 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week 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.