Apexium Financial LP Cuts Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Apexium Financial LP decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) by 1.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 58,765 shares of the company’s stock after selling 784 shares during the quarter. Apexium Financial LP’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,218,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of USMV. AlphaMark Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $30,000. Sound Income Strategies LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 65.0% in the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after purchasing an additional 143 shares in the last quarter. Fortitude Family Office LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at about $38,000. Bfsg LLC boosted its holdings in shares of 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 buying an additional 228 shares in the last quarter. Finally, Arrow Financial Corp purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $45,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 2.6 %

BATS USMV opened at $90.97 on Monday. The firm has a market cap of $26.65 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The company has a 50 day moving average price of $90.96 and a 200 day moving average price of $90.21.

About iShares MSCI USA Min Vol Factor ETF

(Free Report)

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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Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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