ETF Store Inc. Sells 4,155 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

ETF Store Inc. reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 12.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,569 shares of the company’s stock after selling 4,155 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises 3.4% of ETF Store Inc.’s holdings, making the stock its 7th largest holding. ETF Store Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in USMV. Anchor Investment Management LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 6.0% during the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock worth $181,000 after acquiring an additional 112 shares during the last quarter. Smart Portfolios LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 2.2% during the 4th quarter. Smart Portfolios LLC now owns 5,235 shares of the company’s stock worth $465,000 after acquiring an additional 112 shares during the last quarter. Flputnam Investment Management Co. grew its position in iShares MSCI USA Min Vol Factor ETF by 4.3% during the 4th quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock worth $263,000 after acquiring an additional 123 shares during the last quarter. Mcdonald Partners LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 0.9% during 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 during the last quarter. Finally, Aveo Capital Partners LLC grew its position in 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 acquiring an additional 129 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $90.90 on Friday. The stock’s 50 day simple moving average is $91.80 and its 200 day simple moving average is $91.58. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The firm has a market cap of $23.10 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79.

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.