Family Manage LLC Has $2.01 Million Position in iShares MSCI USA Min Vol Factor ETF $USMV

Family Manage LLC cut its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 67.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,694 shares of the company’s stock after selling 44,632 shares during the quarter. Family Manage LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,012,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Ritholtz Wealth Management bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter worth about $74,238,000. BNP Paribas Financial Markets raised its holdings in iShares MSCI USA Min Vol Factor ETF by 10,472.3% in the 4th quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock valued at $75,398,000 after buying an additional 793,173 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in iShares MSCI USA Min Vol Factor ETF by 99.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock worth $106,053,000 after buying an additional 569,762 shares during the period. Two Sigma Investments LP boosted its position in iShares MSCI USA Min Vol Factor ETF by 26.1% during the 3rd quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock worth $260,056,000 after buying an additional 565,200 shares during the period. Finally, Catalyst Capital Advisors LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 13.0% during the 1st quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock worth $393,458,000 after acquiring an additional 489,637 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $96.95 on Monday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $98.73. The company’s 50 day moving average price is $96.29 and its two-hundred day moving average price is $95.24. The firm has a market capitalization of $24.74 billion, a price-to-earnings 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.