Transcend Capital Advisors LLC Cuts Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Transcend Capital Advisors LLC lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 50.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 9,388 shares of the company’s stock after selling 9,652 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $834,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Anchor Investment Management LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 6.0% during the third quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock worth $181,000 after buying an additional 112 shares during the period. Mcdonald Partners LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the 4th quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock worth $1,299,000 after acquiring an additional 125 shares in the last quarter. Aveo Capital Partners LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.7% during the 4th quarter. Aveo Capital Partners LLC now owns 3,598 shares of the company’s stock worth $319,000 after purchasing an additional 129 shares during the last quarter. First Bank & Trust boosted its position in iShares MSCI USA Min Vol Factor ETF by 2.6% during the fourth quarter. First Bank & Trust now owns 5,338 shares of the company’s stock valued at $474,000 after purchasing an additional 133 shares in the last quarter. Finally, Investment Partners Asset Management Inc. grew its stake in iShares MSCI USA Min Vol Factor ETF by 1.5% in the fourth quarter. Investment Partners Asset Management Inc. now owns 9,309 shares of the company’s stock valued at $827,000 after purchasing an additional 137 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.06 on Friday. The company has a market capitalization of $27.27 billion, a PE ratio of 25.30 and a beta of 0.59. The company has a 50-day simple moving average of $90.80 and a two-hundred day simple moving average of $91.08. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45.

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.