Veery Capital LLC Has $743,000 Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Veery Capital LLC trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 18.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,888 shares of the company’s stock after selling 1,954 shares during the quarter. Veery Capital LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $743,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Evergreen Capital Management LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 29.4% during the 3rd quarter. Evergreen Capital Management LLC now owns 67,203 shares of the company’s stock valued at $4,890,000 after purchasing an additional 15,260 shares in the last quarter. KPP Advisory Services LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $211,000. Royal Bank of Canada raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 8.5% in the 3rd quarter. Royal Bank of Canada now owns 2,160,468 shares of the company’s stock worth $156,374,000 after acquiring an additional 169,443 shares during the last quarter. Adaptive Financial Consulting LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 2.4% in the 3rd quarter. Adaptive Financial Consulting LLC now owns 221,023 shares of the company’s stock valued at $15,998,000 after acquiring an additional 5,159 shares in the last quarter. Finally, Theory Financial LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at about $288,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock traded down $0.15 on Thursday, hitting $83.87. The company had a trading volume of 828,367 shares. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The stock has a 50 day moving average of $82.89 and a 200-day moving average of $81.31. The stock has a market capitalization of $24.57 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.