Stonebrook Private Inc. Has $1.52 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Stonebrook Private Inc. reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 46.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,055 shares of the company’s stock after selling 15,760 shares during the period. Stonebrook Private Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,516,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of USMV. International Assets Investment Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $2,779,000. Simplex Trading LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $91,000. Fisher Asset Management LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 3.4% during the 4th quarter. Fisher Asset Management LLC now owns 4,554 shares of the company’s stock valued at $355,000 after acquiring an additional 151 shares during the last quarter. Natixis Advisors L.P. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $938,000. Finally, Aveo Capital Partners LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 22.8% during the 4th quarter. Aveo Capital Partners LLC now owns 6,821 shares of the company’s stock valued at $532,000 after acquiring an additional 1,265 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV traded down $0.89 during mid-day trading on Friday, reaching $89.32. 2,072,535 shares of the company traded hands. The company’s fifty day moving average is $87.22 and its two-hundred day moving average is $84.04. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The stock has a market cap of $26.17 billion, a PE ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF Company 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.