iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Smart Money Group LLC

Smart Money Group LLC trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 48.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 95,417 shares of the company’s stock after selling 89,855 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up approximately 3.2% of Smart Money Group LLC’s holdings, making the stock its 8th largest position. Smart Money Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,445,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Ergawealth Advisors Inc. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 2.5% in the 4th quarter. Ergawealth Advisors Inc. now owns 28,281 shares of the company’s stock worth $2,207,000 after purchasing an additional 696 shares during the period. Investment Advisory Group LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% in the fourth quarter. Investment Advisory Group LLC now owns 70,236 shares of the company’s stock valued at $5,481,000 after buying an additional 1,263 shares in the last quarter. EWA LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 9.2% in the fourth quarter. EWA LLC now owns 115,354 shares of the company’s stock worth $9,269,000 after purchasing an additional 9,725 shares during the period. White Pine Investment CO boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% during the fourth quarter. White Pine Investment CO now owns 152,434 shares of the company’s stock worth $11,894,000 after purchasing an additional 668 shares in the last quarter. Finally, Confluence Wealth Services Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $4,176,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV traded down $0.11 during trading on Thursday, reaching $80.34. 3,781,097 shares of the company’s stock were exchanged. 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 stock has a market capitalization of $23.54 billion, a P/E ratio of 25.30 and a beta of 0.59. The business has a 50 day moving average price of $81.81 and a 200-day moving average price of $78.61.

iShares MSCI USA Min Vol Factor ETF 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.