Gries Financial LLC Decreases Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Gries Financial LLC lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,244 shares of the company’s stock after selling 766 shares during the quarter. Gries Financial LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,354,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of USMV. Ibex Wealth Advisors bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $5,476,000. Strategic Blueprint LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 24.5% in the fourth quarter. Strategic Blueprint LLC now owns 33,966 shares of the company’s stock worth $3,016,000 after acquiring an additional 6,687 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 206.2% in the fourth quarter. Hantz Financial Services Inc. now owns 891 shares of the company’s stock worth $79,000 after acquiring an additional 600 shares during the last quarter. Gateway Wealth Partners LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.6% in the fourth quarter. Gateway Wealth Partners LLC now owns 49,087 shares of the company’s stock worth $4,358,000 after acquiring an additional 275 shares during the last quarter. Finally, Kennedy Investment Group increased its stake in iShares MSCI USA Min Vol Factor ETF by 21.0% during the 4th quarter. Kennedy Investment Group now owns 87,029 shares of the company’s stock valued at $7,727,000 after buying an additional 15,084 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $91.52 on Thursday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The stock’s fifty day moving average is $90.98 and its 200-day moving average is $90.30. The company has a market capitalization of $26.81 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.