Adaptive Financial Consulting LLC Lowers Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Adaptive Financial Consulting LLC trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 225,008 shares of the company’s stock after selling 1,252 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 8.3% of Adaptive Financial Consulting LLC’s holdings, making the stock its 4th largest position. Adaptive Financial Consulting LLC owned approximately 0.08% of iShares MSCI USA Min Vol Factor ETF worth $19,978,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Stonebridge Financial Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $28,000. AlphaMark Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $30,000. Valued Wealth Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $30,000. Sound Income Strategies LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% in the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after purchasing an additional 143 shares in the last quarter. Finally, Fortitude Family Office LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth $38,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV opened at $93.06 on Friday. The firm has a market capitalization of $27.27 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The business has a fifty day moving average price of $90.80 and a 200-day moving average price of $91.08.

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.