Ewa LLC Decreases Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Ewa LLC decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.7% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 17,289 shares of the company’s stock after selling 299 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up approximately 0.6% of Ewa LLC’s investment portfolio, making the stock its 26th largest holding. Ewa LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,593,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 1.1% during the 3rd quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock valued at $913,000 after purchasing an additional 111 shares in the last quarter. Asset Dedication LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during the third quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock valued at $765,000 after buying an additional 121 shares during the last quarter. Sensible Money LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% in the 3rd quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock valued at $797,000 after acquiring an additional 121 shares during the period. Foster Victor Wealth Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% in the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock valued at $244,000 after acquiring an additional 123 shares during the period. Finally, Independence Bank of Kentucky raised its stake in iShares MSCI USA Min Vol Factor ETF by 2.4% in the 2nd quarter. Independence Bank of Kentucky now owns 5,252 shares of the company’s stock worth $441,000 after acquiring an additional 125 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $93.53 on Monday. The stock has a 50-day moving average of $92.22 and a two-hundred day moving average of $88.62. The stock has a market cap of $27.40 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year 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.