Mascoma Wealth Management LLC Reduces Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Mascoma Wealth Management LLC cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 30.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,665 shares of the company’s stock after selling 14,149 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 0.7% of Mascoma Wealth Management LLC’s holdings, making the stock its 21st biggest position. Mascoma Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,812,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Millburn Ridgefield Corp increased its stake in iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after purchasing an additional 180,849 shares during the period. Darrow Company Inc. increased its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% in the fourth quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock valued at $13,755,000 after purchasing an additional 1,256 shares during the period. Golden State Wealth Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $1,529,000. Advisors Preferred LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $438,000. Finally, MONECO Advisors LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% during the fourth quarter. MONECO Advisors LLC now owns 106,286 shares of the company’s stock worth $9,437,000 after acquiring an additional 427 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 2.9 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $91.22 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The company’s 50-day simple moving average is $91.76 and its 200-day simple moving average is $91.58. The firm has a market cap of $23.18 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79.

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.