Mutual Advisors LLC Reduces Position in iShares MSCI USA Min Vol Factor ETF $USMV

Mutual Advisors LLC decreased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 21.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 34,044 shares of the company’s stock after selling 9,271 shares during the period. Mutual Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,206,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of USMV. Brighton Jones LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 12.9% in the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after purchasing an additional 1,291 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 366.3% during the 1st quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock worth $3,323,000 after purchasing an additional 27,868 shares during the last quarter. Hsbc Holdings PLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $399,000. First Trust Advisors LP raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 39.0% in the second quarter. First Trust Advisors LP now owns 7,845 shares of the company’s stock valued at $736,000 after buying an additional 2,201 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 465.5% in the second quarter. Qube Research & Technologies Ltd now owns 244,764 shares of the company’s stock valued at $22,976,000 after buying an additional 201,483 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $94.58 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $98.07. The company’s 50 day simple moving average is $94.46 and its 200 day simple moving average is $94.46. The company has a market capitalization of $24.14 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.