iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Position Decreased by Choreo LLC

Choreo LLC trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 291,701 shares of the company’s stock after selling 4,122 shares during the quarter. Choreo LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $25,898,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. AQR Capital Management LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 101.3% in the second quarter. AQR Capital Management LLC now owns 27,458 shares of the company’s stock worth $2,305,000 after purchasing an additional 13,818 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 17.7% in the third quarter. GAMMA Investing LLC now owns 1,977 shares of the company’s stock worth $181,000 after purchasing an additional 298 shares in the last quarter. Fulton Bank N.A. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 34.0% in the third quarter. Fulton Bank N.A. now owns 3,382 shares of the company’s stock worth $309,000 after purchasing an additional 858 shares in the last quarter. Blue Zone Wealth Advisors LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 7.0% in the third quarter. Blue Zone Wealth Advisors LLC now owns 3,779 shares of the company’s stock worth $345,000 after purchasing an additional 247 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $247,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $92.39 on Wednesday. The firm has a market capitalization of $27.07 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The company has a 50 day simple moving average of $90.90 and a 200-day simple moving average of $90.46. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45.

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.