Truepoint Inc. Decreases Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Truepoint Inc. cut its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 52.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,098 shares of the company’s stock after selling 3,485 shares during the quarter. Truepoint Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $260,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. International Assets Investment Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $2,779,000. Simplex Trading LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $91,000. Fisher Asset Management LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 3.4% during the 4th quarter. Fisher Asset Management LLC now owns 4,554 shares of the company’s stock worth $355,000 after buying an additional 151 shares during the period. Natixis Advisors L.P. acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $938,000. Finally, Aveo Capital Partners LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 22.8% in the 4th quarter. Aveo Capital Partners LLC now owns 6,821 shares of the company’s stock valued at $532,000 after buying an additional 1,265 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $90.21 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The company has a market capitalization of $26.43 billion, a PE ratio of 25.30 and a beta of 0.59. The business has a 50-day moving average of $86.99 and a 200-day moving average of $83.93.

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.