Spectrum Asset Management Inc. NB CA lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 5.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 112,435 shares of the company’s stock after selling 6,118 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for 4.5% of Spectrum Asset Management Inc. NB CA’s portfolio, making the stock its 4th biggest holding. Spectrum Asset Management Inc. NB CA’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,983,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of the company. AlphaMark Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $30,000. Valued Wealth Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $30,000. Sound Income Strategies LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% during the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after buying an additional 143 shares in the last quarter. Fortitude Family Office LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $38,000. Finally, Bfsg LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% in the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after acquiring an additional 228 shares during the period.
iShares MSCI USA Min Vol Factor ETF Price Performance
BATS USMV opened at $93.08 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The firm has a market capitalization of $27.27 billion, a PE ratio of 25.30 and a beta of 0.59. The company’s 50 day simple moving average is $90.83 and its 200 day simple moving average is $90.53.
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.
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