iShares MSCI USA Min Vol Factor ETF $USMV Stock Holdings Trimmed by GDS Wealth Management

GDS Wealth Management lowered its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 12.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 264,659 shares of the company’s stock after selling 38,763 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up 1.6% of GDS Wealth Management’s holdings, making the stock its 18th largest position. GDS Wealth Management owned approximately 0.10% of iShares MSCI USA Min Vol Factor ETF worth $24,920,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Syntax Research Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 7.5% during the 4th quarter. Syntax Research Inc. now owns 16,234 shares of the company’s stock valued at $1,529,000 after acquiring an additional 1,131 shares in the last quarter. Fifth Third Bancorp raised its stake in iShares MSCI USA Min Vol Factor ETF by 23.5% during the 4th quarter. Fifth Third Bancorp now owns 8,669 shares of the company’s stock valued at $816,000 after acquiring an additional 1,647 shares in the last quarter. Oppenheimer & Co. Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 2.4% during the 4th quarter. Oppenheimer & Co. Inc. now owns 9,658 shares of the company’s stock valued at $909,000 after acquiring an additional 227 shares in the last quarter. Laurel Wealth Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $58,000. Finally, American Capital Advisory LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 18.8% during the 4th quarter. American Capital Advisory LLC now owns 1,127 shares of the company’s stock valued at $106,000 after acquiring an additional 178 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $94.58 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $98.07. The stock’s fifty day moving average is $94.46 and its 200-day moving average is $94.46. The company has a market capitalization of $24.14 billion, a PE ratio of 22.90 and a beta of 0.72.

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.