Thoroughbred Financial Services LLC Sells 1,023 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Thoroughbred Financial Services LLC reduced its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.2% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 15,582 shares of the company’s stock after selling 1,023 shares during the period. Thoroughbred Financial Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,302,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Optiver Holding B.V. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 100.0% in the 4th quarter. Optiver Holding B.V. now owns 1,758 shares of the company’s stock worth $137,000 after buying an additional 7,664,300 shares during the last quarter. International Assets Investment Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $216,845,000. Quotient Wealth Partners LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $60,025,000. Wealth Enhancement Advisory Services LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 31.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,170,418 shares of the company’s stock valued at $264,984,000 after purchasing an additional 755,493 shares during the last quarter. Finally, Pineridge Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $34,842,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.1 %

iShares MSCI USA Min Vol Factor ETF stock traded up $0.12 during trading on Tuesday, hitting $85.78. The stock had a trading volume of 1,557,416 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 market cap of $25.13 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The stock’s 50 day moving average is $83.40 and its two-hundred day moving average is $81.68.

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.