Trademark Financial Management LLC decreased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 87.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 3,788 shares of the company’s stock after selling 26,573 shares during the period. Trademark Financial Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $360,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also added to or reduced their stakes in USMV. ROSS JOHNSON & Associates LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at $28,000. Avion Wealth increased its position in iShares MSCI USA Min Vol Factor ETF by 88.8% during the 2nd quarter. Avion Wealth now owns 304 shares of the company’s stock worth $28,000 after buying an additional 143 shares during the period. Chapman Financial Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth $29,000. Flaharty Asset Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter valued at about $30,000. Finally, Phillips Financial Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at about $46,000.
iShares MSCI USA Min Vol Factor ETF Stock Performance
BATS:USMV opened at $95.10 on Monday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $83.99 and a 52 week high of $95.12. The firm has a market cap of $24.27 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The firm’s 50-day simple moving average is $94.09 and its 200 day simple moving average is $93.80.
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.
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Want to see what other hedge funds are holding USMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report).
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