Lexington Hill Partners LLC Lowers Position in iShares MSCI USA Min Vol Factor ETF $USMV

Lexington Hill Partners LLC lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 45.5% in the first quarter, HoldingsChannel.com reports. The fund owned 18,989 shares of the company’s stock after selling 15,831 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 1.0% of Lexington Hill Partners LLC’s investment portfolio, making the stock its 21st largest holding. Lexington Hill Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,761,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Nations Financial Group Inc. IA ADV raised its stake in iShares MSCI USA Min Vol Factor ETF by 0.3% in the first quarter. Nations Financial Group Inc. IA ADV now owns 122,252 shares of the company’s stock valued at $11,338,000 after purchasing an additional 326 shares in the last quarter. Purpose Unlimited Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $1,361,000. Cornerstone Planning LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $3,765,000. Rockefeller Capital Management L.P. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 11.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 202,560 shares of the company’s stock worth $19,073,000 after buying an additional 21,184 shares during the last quarter. Finally, Corient Private Wealth LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 9.2% in the 4th quarter. Corient Private Wealth LLC now owns 67,460 shares of the company’s stock worth $6,353,000 after buying an additional 5,688 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $94.24 on Friday. The firm’s fifty day moving average price is $95.04 and its 200-day moving average price is $94.85. The stock has a market cap of $24.05 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $98.07.

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.