OVERSEA CHINESE BANKING Corp Ltd Cuts Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

OVERSEA CHINESE BANKING Corp Ltd reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 89.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,547 shares of the company’s stock after selling 120,049 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,203,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Anchor Investment Management LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% in the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock worth $181,000 after purchasing an additional 112 shares in the last quarter. Smart Portfolios LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.2% in the 4th quarter. Smart Portfolios LLC now owns 5,235 shares of the company’s stock worth $465,000 after purchasing an additional 112 shares in the last quarter. Flputnam Investment Management Co. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.3% in the 4th quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock worth $263,000 after purchasing an additional 123 shares in the last quarter. Mcdonald Partners LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the 4th quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock worth $1,299,000 after purchasing an additional 125 shares in the last quarter. Finally, Aveo Capital Partners LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 3.7% in the 4th quarter. Aveo Capital Partners LLC now owns 3,598 shares of the company’s stock worth $319,000 after purchasing an additional 129 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 4.7 %

BATS USMV opened at $92.83 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $79.69 and a 1-year high of $95.12. The stock has a 50-day moving average of $92.11 and a 200-day moving average of $91.64. The firm has a market cap of $24.23 billion, a PE ratio of 24.03 and a beta of 0.77.

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.