Citizens Financial Group Inc. RI Has $24.34 Million Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Citizens Financial Group Inc. RI lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 274,126 shares of the company’s stock after selling 5,415 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $24,340,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Anchor Investment Management LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 6.0% during the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock worth $181,000 after acquiring an additional 112 shares during the last quarter. Flputnam Investment Management Co. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 4.3% during the 4th quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock worth $263,000 after acquiring an additional 123 shares during the last quarter. Mcdonald Partners LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the 4th quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock valued at $1,299,000 after purchasing an additional 125 shares during the last quarter. Aveo Capital Partners LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.7% in the 4th quarter. Aveo Capital Partners LLC now owns 3,598 shares of the company’s stock valued at $319,000 after purchasing an additional 129 shares during the last quarter. Finally, First Bank & Trust boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% in the 4th quarter. First Bank & Trust now owns 5,338 shares of the company’s stock valued at $474,000 after purchasing an additional 133 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.0 %

Shares of BATS USMV opened at $93.10 on Tuesday. The firm has a market capitalization of $23.66 billion, a PE ratio of 24.43 and a beta of 0.79. 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 50-day moving average is $91.64 and its 200-day moving average is $91.57.

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.