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

Hobbs Group Advisors LLC lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 53.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,009 shares of the company’s stock after selling 41,676 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises 1.2% of Hobbs Group Advisors LLC’s investment portfolio, making the stock its 16th biggest position. Hobbs Group Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,197,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of USMV. VSM Wealth Advisory LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $27,000. Howe & Rusling Inc. grew its stake in iShares MSCI USA Min Vol Factor ETF by 94.2% during the 4th quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock valued at $27,000 after acquiring an additional 146 shares in the last quarter. Stonebridge Financial Group LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $28,000. AlphaMark Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $30,000. Finally, Valued Wealth Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $30,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $92.75 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $79.69 and a one year high of $95.12. The stock has a market cap of $24.21 billion, a PE ratio of 24.03 and a beta of 0.77. The stock has a 50 day moving average price of $92.67 and a 200 day moving average price of $91.75.

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.