iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Alliancebernstein L.P.

Alliancebernstein L.P. decreased its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 26.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 212,104 shares of the company’s stock after selling 75,856 shares during the period. Alliancebernstein L.P. owned 0.07% of iShares MSCI USA Min Vol Factor ETF worth $18,833,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of USMV. Anchor Investment Management LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 6.0% in the third quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after acquiring an additional 112 shares in the last quarter. Smart Portfolios LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.2% in the 4th quarter. Smart Portfolios LLC now owns 5,235 shares of the company’s stock valued at $465,000 after purchasing an additional 112 shares during the period. Heritage Wealth Advisors grew its stake in iShares MSCI USA Min Vol Factor ETF by 27.4% during the 4th quarter. Heritage Wealth Advisors now owns 544 shares of the company’s stock worth $48,000 after buying an additional 117 shares during the last quarter. Flputnam Investment Management Co. increased its position in iShares MSCI USA Min Vol Factor ETF by 4.3% during the fourth quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock worth $263,000 after buying an additional 123 shares during the period. Finally, Mcdonald Partners LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% in the fourth quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock valued at $1,299,000 after buying an additional 125 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 2.7 %

Shares of USMV opened at $86.21 on Tuesday. The company’s 50 day simple moving average is $92.71 and its 200-day simple moving average is $91.77. The firm has a market cap of $22.08 billion, a PE ratio of 24.22 and a beta of 0.74. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $79.69 and a 12-month high of $95.12.

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.