Flputnam Investment Management Co. Reduces Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Flputnam Investment Management Co. reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,614 shares of the company’s stock after selling 255 shares during the quarter. Flputnam Investment Management Co.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $204,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Bank of Montreal Can raised its stake in iShares MSCI USA Min Vol Factor ETF by 7.8% in the 1st quarter. Bank of Montreal Can now owns 8,253 shares of the company’s stock valued at $646,000 after acquiring an additional 594 shares during the period. Blair William & Co. IL raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.7% in the first quarter. Blair William & Co. IL now owns 95,612 shares of the company’s stock valued at $7,417,000 after purchasing an additional 1,612 shares during the period. AJ Wealth Strategies LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.4% during the 1st quarter. AJ Wealth Strategies LLC now owns 1,348,690 shares of the company’s stock valued at $104,618,000 after buying an additional 57,434 shares in the last quarter. Founders Financial Securities LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 27.0% during the 1st quarter. Founders Financial Securities LLC now owns 88,779 shares of the company’s stock valued at $6,887,000 after buying an additional 18,853 shares in the last quarter. Finally, West Michigan Advisors LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 6.1% in the 1st quarter. West Michigan Advisors LLC now owns 12,575 shares of the company’s stock worth $975,000 after buying an additional 719 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.1 %

iShares MSCI USA Min Vol Factor ETF stock opened at $80.02 on Friday. The firm has a market capitalization of $23.40 billion, a price-to-earnings ratio of 25.31 and a beta of 0.59. The firm has a 50 day simple moving average of $81.71 and a 200 day simple moving average of $78.04. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

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.