Foster Group Inc. Sells 2,393 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Foster Group Inc. trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 34,156 shares of the company’s stock after selling 2,393 shares during the quarter. Foster Group Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,033,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. AlphaMark Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $30,000. Valued Wealth Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $30,000. Sound Income Strategies LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 65.0% during 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 during the period. Fortitude Family Office LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $38,000. Finally, Bfsg LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% during the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after buying an additional 228 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 3.4 %

Shares of USMV opened at $91.69 on Wednesday. The firm’s 50 day moving average is $90.98 and its 200-day moving average is $90.30. The stock has a market capitalization of $26.87 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month 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.