Mendel Money Management Sells 160 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Mendel Money Management lessened its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,554 shares of the company’s stock after selling 160 shares during the period. Mendel Money Management’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $493,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. VSM Wealth Advisory LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $27,000. Stonebridge Financial Group LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $28,000. AlphaMark Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $30,000. Valued Wealth Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $30,000. Finally, Sound Income Strategies LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after purchasing an additional 143 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $92.77 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $79.69 and a fifty-two week high of $95.12. The business has a fifty day moving average price of $92.45 and a two-hundred day moving average price of $91.71. The stock has a market capitalization of $24.21 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.