Sequoia Financial Advisors LLC decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 3.4% during the first quarter, Holdings Channel.com reports. The firm owned 151,073 shares of the company’s stock after selling 5,357 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $14,011,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the business. Frankly Finances LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $25,000. Investors Research Corp bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $26,000. Elevated Capital Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $29,000. Chapman Financial Group LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $29,000. Finally, Abound Wealth Management grew its position in iShares MSCI USA Min Vol Factor ETF by 437.1% in the fourth quarter. Abound Wealth Management now owns 333 shares of the company’s stock worth $31,000 after acquiring an additional 271 shares in the last quarter.
iShares MSCI USA Min Vol Factor ETF Stock Up 0.2%
BATS USMV traded up $0.16 during trading hours on Friday, hitting $97.76. 1,808,736 shares of the company were exchanged, compared to its average volume of 2,501,746. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $98.73. The stock has a 50-day moving average price of $95.84 and a 200 day moving average price of $95.10. The stock has a market cap of $24.95 billion, a PE ratio of 22.90 and a beta of 0.72.
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.
Further Reading
- Five stocks we like better than iShares MSCI USA Min Vol Factor ETF
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
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.
