Fermata Advisors LLC trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 31.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 6,798 shares of the company’s stock after selling 3,180 shares during the quarter. Fermata Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $604,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the company. Fortitude Family Office LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $38,000. Bfsg LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 116.9% in the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after purchasing an additional 228 shares in the last quarter. Arrow Financial Corp purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $45,000. Eastern Bank acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth $92,000. Finally, American Capital Advisory LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1,460.0% during the third quarter. American Capital Advisory LLC now owns 1,014 shares of the company’s stock worth $93,000 after buying an additional 949 shares in the last quarter.
iShares MSCI USA Min Vol Factor ETF Trading Up 1.2 %
BATS:USMV opened at $89.68 on Friday. The company has a market cap of $26.28 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The company’s 50-day moving average price is $91.23 and its 200-day moving average price is $89.86.
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.
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