Mendel Money Management trimmed its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,554 shares of the company’s stock after selling 160 shares during the period. Mendel Money Management’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $493,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in USMV. Anchor Investment Management LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% in the third quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after purchasing an additional 112 shares during the last quarter. Smart Portfolios LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 2.2% in the 4th quarter. Smart Portfolios LLC now owns 5,235 shares of the company’s stock valued at $465,000 after buying an additional 112 shares during the last quarter. Flputnam Investment Management Co. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 4.3% in the 4th quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock valued at $263,000 after acquiring an additional 123 shares during the period. Mcdonald Partners LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 0.9% during the fourth quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock worth $1,299,000 after acquiring an additional 125 shares during the last quarter. Finally, Aveo Capital Partners LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 3.7% during the fourth quarter. Aveo Capital Partners LLC now owns 3,598 shares of the company’s stock worth $319,000 after acquiring an additional 129 shares during the period.
iShares MSCI USA Min Vol Factor ETF Trading Up 4.7 %
Shares of BATS USMV opened at $92.77 on Wednesday. The business’s 50 day moving average is $92.45 and its 200-day moving average is $91.71. The firm has a market cap of $24.21 billion, a P/E ratio of 24.03 and a beta of 0.77. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $79.69 and a 1-year high of $95.12.
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.
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