Fiduciary Trust Co decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 1.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 48,666 shares of the company’s stock after selling 493 shares during the period. Fiduciary Trust Co’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,321,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of USMV. VSM Wealth Advisory LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $27,000. Howe & Rusling Inc. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 94.2% during the 4th quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock worth $27,000 after buying an additional 146 shares during the period. Stonebridge Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $28,000. Chapman Financial Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $28,000. Finally, AlphaMark Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $30,000.
iShares MSCI USA Min Vol Factor ETF Stock Performance
Shares of BATS:USMV opened at $92.41 on Friday. The stock’s 50-day moving average is $91.39 and its 200-day moving average is $91.58. The company has a market cap of $23.84 billion, a P/E ratio of 23.82 and a beta of 0.74. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $81.34 and a 52-week high of $95.12.
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.
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Want to see what other hedge funds are holding USMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report).
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