Bay Rivers Group Sells 556 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Bay Rivers Group decreased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.6% in the fourth quarter, HoldingsChannel reports. The firm owned 100,278 shares of the company’s stock after selling 556 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 4.3% of Bay Rivers Group’s investment portfolio, making the stock its 4th biggest holding. Bay Rivers Group’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $8,904,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AlphaMark Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $30,000. Valued Wealth Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $30,000. Sound Income Strategies LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% during the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after buying an additional 143 shares during the period. Fortitude Family Office LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $38,000. Finally, Bfsg LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% during the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after acquiring an additional 228 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 3.6 %

Shares of BATS:USMV opened at $91.88 on Tuesday. The firm has a market cap of $26.92 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The business has a fifty day simple moving average of $90.96 and a 200 day simple moving average of $90.21.

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.