iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stock Position Decreased by Arrowroot Family Office LLC

Arrowroot Family Office LLC lowered its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 70.6% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,409 shares of the company’s stock after selling 34,569 shares during the period. Arrowroot Family Office LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,316,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Headlands Technologies LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $30,000. Gleason Group Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $32,000. Hantz Financial Services Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $33,000. Strategic Financial Concepts LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth $35,000. Finally, Fortitude Family Office LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at $38,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.1 %

USMV stock opened at $94.55 on Monday. The company has a 50-day simple moving average of $91.94 and a 200 day simple moving average of $88.27. The company has a market capitalization of $27.70 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45.

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.