Benjamin Edwards Inc. lowered its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 89.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,116 shares of the company’s stock after selling 18,537 shares during the period. Benjamin Edwards Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $165,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in the business. Keener Financial Planning LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $26,000. Horrell Capital Management Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $27,000. Global Trust Asset Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $27,000. M&R Capital Management Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $34,000. Finally, Sandy Spring Bank boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 484.0% in the third quarter. Sandy Spring Bank now owns 584 shares of the company’s stock worth $42,000 after acquiring an additional 484 shares in the last quarter.
iShares MSCI USA Min Vol Factor ETF Price Performance
Shares of USMV stock traded up $0.47 during trading hours on Friday, reaching $81.11. The company had a trading volume of 2,356,724 shares. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The business has a fifty day simple moving average of $81.78 and a 200-day simple moving average of $78.68. The company has a market cap of $23.77 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.
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.
Further Reading
- Five stocks we like better than iShares MSCI USA Min Vol Factor ETF
- Why Are Stock Sectors Important to Successful Investing?
- MarketBeat Week in Review – 4/29 – 5/3
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Apple’s Earnings Show Investors Its Strength and Its Weakness
- What Do S&P 500 Stocks Tell Investors About the Market?
- Bargain Alert: 3 Large Caps With Extremely Oversold RSIs
Want to see what other hedge funds are holding USMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report).
Receive News & Ratings for iShares MSCI USA Min Vol Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Min Vol Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
