Eq LLC Sells 701 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Eq LLC trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,254 shares of the company’s stock after selling 701 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up approximately 0.6% of Eq LLC’s investment portfolio, making the stock its 28th largest position. Eq LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,210,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Sugar Maple Asset Management LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 2.0% in the third quarter. Sugar Maple Asset Management LLC now owns 46,073 shares of the company’s stock valued at $4,207,000 after acquiring an additional 889 shares during the last quarter. Signature Estate & Investment Advisors LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 37,039 shares of the company’s stock valued at $3,382,000 after purchasing an additional 488 shares during the last quarter. Schrum Private Wealth Management LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 70.8% in the 3rd quarter. Schrum Private Wealth Management LLC now owns 20,140 shares of the company’s stock valued at $1,839,000 after purchasing an additional 8,347 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 21.7% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 7,447 shares of the company’s stock valued at $680,000 after purchasing an additional 1,326 shares during the last quarter. Finally, Haverford Trust Co increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 19.0% in the 3rd quarter. Haverford Trust Co now owns 59,993 shares of the company’s stock valued at $5,478,000 after purchasing an additional 9,580 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $91.15 on Monday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The business’s fifty day moving average is $91.47 and its 200-day moving average is $87.44. The firm has a market cap of $26.71 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.