US Bancorp DE Lowers Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

US Bancorp DE lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,233,606 shares of the company’s stock after selling 108,829 shares during the quarter. US Bancorp DE’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $109,532,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of USMV. Millburn Ridgefield Corp lifted its position in iShares MSCI USA Min Vol Factor ETF by 5.2% during the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after acquiring an additional 180,849 shares during the last quarter. Darrow Company Inc. lifted its position in iShares MSCI USA Min Vol Factor ETF by 0.8% during the fourth quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock valued at $13,755,000 after acquiring an additional 1,256 shares during the last quarter. Golden State Wealth Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $1,529,000. SpiderRock Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $629,000. Finally, Advisors Preferred LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $438,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.7 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.60 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The firm has a market capitalization of $24.04 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. The firm’s 50 day simple moving average is $91.19 and its two-hundred day simple moving average is $91.34.

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.