Symphony Financial Ltd. Co. Cuts Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Symphony Financial Ltd. Co. cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) by 19.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,993 shares of the company’s stock after selling 958 shares during the quarter. Symphony Financial Ltd. Co.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $334,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Keener Financial Planning LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $26,000. Horrell Capital Management Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $27,000. Global Trust Asset Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $27,000. M&R Capital Management Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $34,000. Finally, SYM FINANCIAL Corp increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 232.9% in the fourth quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock valued at $38,000 after acquiring an additional 340 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.1 %

Shares of BATS:USMV traded down $0.09 during midday trading on Friday, hitting $83.96. 1,716,180 shares of the stock traded hands. The stock has a market capitalization of $24.60 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The business’s 50 day moving average is $82.73 and its two-hundred day moving average is $81.18.

iShares MSCI USA Min Vol Factor ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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