Bay Rivers Group Cuts Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Bay Rivers Group lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 100,834 shares of the company’s stock after selling 211 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up 4.6% of Bay Rivers Group’s portfolio, making the stock its 4th biggest position. Bay Rivers Group’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,207,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Headlands Technologies LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth $30,000. Gleason Group Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $32,000. Hantz Financial Services Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $33,000. Strategic Financial Concepts LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $35,000. Finally, Fortitude Family Office LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at approximately $38,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.2 %

Shares of USMV stock traded up $0.15 during midday trading on Tuesday, reaching $91.15. 1,571,893 shares of the stock were exchanged. 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 $26.71 billion, a PE ratio of 25.30 and a beta of 0.59. The company’s 50 day moving average is $91.10 and its two-hundred day moving average is $86.39.

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.