Synovus Financial Corp Has $250,000 Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Synovus Financial Corp reduced its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 10.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,739 shares of the company’s stock after selling 314 shares during the period. Synovus Financial Corp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $250,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Headlands Technologies LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at about $30,000. Hantz Financial Services Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $33,000. Fortitude Family Office LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $38,000. Bfsg LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% during the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after buying an additional 228 shares during the last quarter. Finally, Arrow Financial Corp acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth approximately $45,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 2.1 %

Shares of USMV stock opened at $88.55 on Thursday. The firm has a market capitalization of $25.95 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The firm’s fifty day simple moving average is $92.33 and its 200 day simple moving average is $89.09.

About iShares MSCI USA Min Vol Factor ETF

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.