Keybank National Association OH Trims Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Keybank National Association OH cut its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 357,314 shares of the company’s stock after selling 12,651 shares during the quarter. Keybank National Association OH owned approximately 0.12% of iShares MSCI USA Min Vol Factor ETF worth $31,726,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. QRG Capital Management Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 15.6% in the 3rd quarter. QRG Capital Management Inc. now owns 5,494 shares of the company’s stock valued at $502,000 after purchasing an additional 742 shares during the last quarter. Alterna Wealth Management Inc. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 40.4% in the third quarter. Alterna Wealth Management Inc. now owns 8,003 shares of the company’s stock valued at $731,000 after buying an additional 2,303 shares during the last quarter. Clarity Capital Partners LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $214,000. James J. Burns & Company LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $228,000. Finally, United Advisor Group LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter worth approximately $645,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $93.30 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The company has a market capitalization of $23.71 billion, a PE ratio of 24.43 and a beta of 0.79. The stock has a fifty day moving average of $91.37 and a two-hundred day moving average of $91.47.

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.