iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC decreased its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 41.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,183 shares of the company’s stock after selling 2,281 shares during the period. Valeo Financial Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $248,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Yarger Wealth Strategies LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% in the fourth quarter. Yarger Wealth Strategies LLC now owns 13,832 shares of the company’s stock valued at $1,079,000 after acquiring an additional 139 shares during the period. Hoese & Co LLP grew its position in iShares MSCI USA Min Vol Factor ETF by 0.3% during the 4th quarter. Hoese & Co LLP now owns 54,001 shares of the company’s stock worth $4,123,000 after purchasing an additional 140 shares during the last quarter. Archer Investment Corp grew its position in iShares MSCI USA Min Vol Factor ETF by 3.4% during the 3rd quarter. Archer Investment Corp now owns 4,462 shares of the company’s stock worth $323,000 after purchasing an additional 146 shares during the last quarter. Sandy Spring Bank increased its stake in iShares MSCI USA Min Vol Factor ETF by 25.7% in the fourth quarter. Sandy Spring Bank now owns 734 shares of the company’s stock valued at $57,000 after purchasing an additional 150 shares during the period. Finally, Atlas Brown Inc. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.3% in the third quarter. Atlas Brown Inc. now owns 3,749 shares of the company’s stock valued at $271,000 after buying an additional 155 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.6 %

BATS USMV opened at $79.99 on Tuesday. The firm has a market cap of $23.39 billion, a P/E ratio of 25.31 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The business’s 50-day moving average price is $81.73 and its 200 day moving average price is $77.96.

iShares MSCI USA Min Vol Factor ETF Company 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.