iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Signaturefd LLC

Signaturefd LLC reduced its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 26,958 shares of the company’s stock after selling 2,906 shares during the period. Signaturefd LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,394,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Millburn Ridgefield Corp boosted its position 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 buying an additional 180,849 shares during the last quarter. Darrow Company Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% in 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 acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $1,529,000. Advisors Preferred LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $438,000. Finally, MONECO Advisors LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% during the 4th quarter. MONECO Advisors LLC now owns 106,286 shares of the company’s stock valued at $9,437,000 after buying an additional 427 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.2 %

USMV stock opened at $93.26 on Tuesday. The company has a market capitalization of $24.34 billion, a P/E ratio of 24.03 and a beta of 0.77. The firm has a 50 day simple moving average of $91.95 and a 200-day simple moving average of $91.62. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $79.69 and a twelve month high of $95.12.

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.