Carrera Capital Advisors Has $29.52 Million Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Carrera Capital Advisors trimmed its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 36.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 332,458 shares of the company’s stock after selling 189,317 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises about 6.9% of Carrera Capital Advisors’ portfolio, making the stock its 3rd biggest position. Carrera Capital Advisors owned approximately 0.11% of iShares MSCI USA Min Vol Factor ETF worth $29,519,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Millburn Ridgefield Corp grew its holdings in iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after purchasing an additional 180,849 shares during the period. Darrow Company Inc. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 4th quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock worth $13,755,000 after purchasing an additional 1,256 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $1,529,000. SpiderRock Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $629,000. Finally, Advisors Preferred LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $438,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $93.30 on Wednesday. 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 50 day simple moving average is $91.37 and its two-hundred day simple moving average is $91.47. The firm has a market cap of $23.71 billion, a P/E ratio of 24.43 and a beta of 0.79.

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.