Fisher Asset Management LLC Decreases Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Fisher Asset Management LLC decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 13.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,887 shares of the company’s stock after selling 1,483 shares during the quarter. Fisher Asset Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $903,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in USMV. SpiderRock Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $629,000. Headlands Technologies LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $30,000. EdgeRock Capital LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 5.3% in the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after purchasing an additional 3,371 shares in the last quarter. QRG Capital Management Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 36.5% during the 2nd quarter. QRG Capital Management Inc. now owns 4,752 shares of the company’s stock worth $399,000 after purchasing an additional 1,270 shares during the last quarter. Finally, Banco Santander S.A. increased its stake in iShares MSCI USA Min Vol Factor ETF by 1.2% during the 2nd quarter. Banco Santander S.A. now owns 99,199 shares of the company’s stock valued at $8,329,000 after purchasing an additional 1,200 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.1 %

BATS:USMV opened at $94.55 on Friday. The company has a market capitalization of $27.70 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The firm has a fifty day simple moving average of $91.94 and a 200-day simple moving average of $88.20.

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.