Hilltop Partners LLC Has $2.08 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Hilltop Partners LLC trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 23,438 shares of the company’s stock after selling 368 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for approximately 0.7% of Hilltop Partners LLC’s portfolio, making the stock its 27th largest holding. Hilltop Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,081,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Stonebridge Financial Group LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $28,000. AlphaMark Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $30,000. Valued Wealth Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $30,000. Sound Income Strategies LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 65.0% during the 4th 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. Finally, Fortitude Family Office LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at approximately $38,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.38 on Friday. The company’s 50 day moving average price is $91.07 and its two-hundred day moving average price is $91.29. The firm has a market capitalization of $23.73 billion, a P/E ratio of 24.43 and a beta of 0.79. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45.

About iShares MSCI USA Min Vol Factor ETF

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.