Strategic Point Investment Advisors LLC Sells 586 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Strategic Point Investment Advisors LLC reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 39,288 shares of the company’s stock after selling 586 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for 0.6% of Strategic Point Investment Advisors LLC’s portfolio, making the stock its 21st biggest position. Strategic Point Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,488,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Crews Bank & Trust purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $46,000. Enzi Wealth grew its stake in iShares MSCI USA Min Vol Factor ETF by 3.0% in the fourth quarter. Enzi Wealth now owns 141,134 shares of the company’s stock valued at $12,792,000 after purchasing an additional 4,124 shares during the last quarter. Baring Financial LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $2,003,000. Ibex Wealth Advisors purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $5,476,000. Finally, Strategic Blueprint LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 24.5% in the 4th quarter. Strategic Blueprint LLC now owns 33,966 shares of the company’s stock valued at $3,016,000 after buying an additional 6,687 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 3.8 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $92.04 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The firm’s 50 day moving average price is $90.98 and its 200-day moving average price is $90.30. The company has a market cap of $26.97 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.