Joseph Group Capital Management Trims Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Joseph Group Capital Management lessened its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,131 shares of the company’s stock after selling 199 shares during the quarter. Joseph Group Capital Management’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $544,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of USMV. Anchor Investment Management LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 6.0% in the third quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after buying an additional 112 shares during the last quarter. Smart Portfolios LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 2.2% during the 4th quarter. Smart Portfolios LLC now owns 5,235 shares of the company’s stock valued at $465,000 after acquiring an additional 112 shares during the period. Heritage Wealth Advisors boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 27.4% in the 4th quarter. Heritage Wealth Advisors now owns 544 shares of the company’s stock valued at $48,000 after acquiring an additional 117 shares during the last quarter. Flputnam Investment Management Co. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.3% in the fourth quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock worth $263,000 after acquiring an additional 123 shares during the period. Finally, Mcdonald Partners LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the fourth quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock worth $1,299,000 after purchasing an additional 125 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $92.75 on Friday. The company has a fifty day moving average of $92.67 and a 200 day moving average of $91.76. The company has a market capitalization of $24.21 billion, a PE ratio of 24.03 and a beta of 0.77. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $79.69 and a 1 year high of $95.12.

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.