Lexington Hill Partners LLC Sells 15,831 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Lexington Hill Partners LLC lessened its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 45.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,989 shares of the company’s stock after selling 15,831 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises 1.0% of Lexington Hill Partners LLC’s portfolio, making the stock its 21st largest holding. Lexington Hill Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,761,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Frankly Finances LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $25,000. Investors Research Corp purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $26,000. Elevated Capital Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $29,000. Chapman Financial Group LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $29,000. Finally, Abound Wealth Management increased its holdings in iShares MSCI USA Min Vol Factor ETF by 437.1% during the 4th quarter. Abound Wealth Management now owns 333 shares of the company’s stock worth $31,000 after acquiring an additional 271 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $94.24 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $98.07. The stock has a market capitalization of $24.05 billion, a PE ratio of 22.90 and a beta of 0.72. The company’s 50 day simple moving average is $95.04 and its two-hundred day simple moving average is $94.85.

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.