Hoese & Co LLP Cuts Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Hoese & Co LLP cut its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 23.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 18,685 shares of the company’s stock after selling 5,710 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up about 1.3% of Hoese & Co LLP’s investment portfolio, making the stock its 17th largest holding. Hoese & Co LLP’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,759,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in USMV. Nova R Wealth Inc. lifted its position in iShares MSCI USA Min Vol Factor ETF by 2.6% in the 4th quarter. Nova R Wealth Inc. now owns 14,572 shares of the company’s stock valued at $1,372,000 after acquiring an additional 374 shares in the last quarter. Lineweaver Wealth Advisors LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% in the fourth quarter. Lineweaver Wealth Advisors LLC now owns 311,983 shares of the company’s stock worth $29,376,000 after purchasing an additional 4,443 shares during the last quarter. Chesley Taft & Associates LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $231,000. Sherman Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $2,823,000. Finally, Capital Investment Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 7.5% in the 4th quarter. Capital Investment Advisors LLC now owns 3,031 shares of the company’s stock worth $285,000 after buying an additional 212 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $91.12 on Monday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $98.07. The business has a 50-day simple moving average of $95.23 and a two-hundred day simple moving average of $94.58. The firm has a market cap of $23.25 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF 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.