Fermata Advisors LLC reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 31.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,798 shares of the company’s stock after selling 3,180 shares during the period. Fermata Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $604,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth about $38,000. Bfsg LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% during the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after acquiring an additional 228 shares during the period. Arrow Financial Corp purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $45,000. Eastern Bank acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $92,000. Finally, American Capital Advisory LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 1,460.0% during the third quarter. American Capital Advisory LLC now owns 1,014 shares of the company’s stock worth $93,000 after purchasing an additional 949 shares in the last quarter.
iShares MSCI USA Min Vol Factor ETF Trading Up 1.2 %
Shares of USMV opened at $89.68 on Friday. The firm has a market cap of $26.28 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The stock’s 50 day moving average is $91.23 and its two-hundred day moving average is $89.86.
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.
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