Exchange Bank Sells 200 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Exchange Bank trimmed its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,600 shares of the company’s stock after selling 200 shares during the period. Exchange Bank’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $586,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Renaissance Technologies LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $1,369,000. Vanguard Personalized Indexing Management LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 16.8% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,655 shares of the company’s stock worth $559,000 after acquiring an additional 956 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the second quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock valued at $19,494,000 after purchasing an additional 1,785 shares during the last quarter. Mount Yale Investment Advisors LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 9.0% during the second quarter. Mount Yale Investment Advisors LLC now owns 18,871 shares of the company’s stock valued at $1,584,000 after purchasing an additional 1,565 shares in the last quarter. Finally, Commonwealth Financial Services LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $219,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $89.87 on Tuesday. The company has a market capitalization of $26.33 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The company has a 50-day simple moving average of $91.09 and a two-hundred day simple moving average of $90.03.

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.