iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Benjamin Edwards Inc.

Benjamin Edwards Inc. lowered its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 89.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,116 shares of the company’s stock after selling 18,537 shares during the period. Benjamin Edwards Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $165,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of USMV. Keener Financial Planning LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $26,000. Horrell Capital Management Inc. acquired a new stake 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 stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $27,000. M&R Capital Management Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $34,000. Finally, Sandy Spring Bank raised its holdings in iShares MSCI USA Min Vol Factor ETF by 484.0% in the 3rd quarter. Sandy Spring Bank now owns 584 shares of the company’s stock valued at $42,000 after acquiring an additional 484 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.6 %

USMV stock traded up $0.47 during mid-day trading on Friday, reaching $81.11. The company’s stock had a trading volume of 2,356,724 shares. The stock has a market cap of $23.77 billion, a PE 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. The company’s 50 day moving average is $81.78 and its two-hundred day moving average is $78.68.

iShares MSCI USA Min Vol Factor ETF 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.