Kelly Financial Services LLC Has $235,000 Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Kelly Financial Services LLC trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,650 shares of the company’s stock after selling 153 shares during the quarter. Kelly Financial Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $235,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Fortitude Family Office LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth approximately $38,000. Bfsg LLC increased its stake in 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 purchasing an additional 228 shares in the last quarter. Arrow Financial Corp acquired a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth $45,000. Eastern Bank bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $92,000. Finally, American Capital Advisory LLC grew its holdings in shares of 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 valued at $93,000 after buying an additional 949 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV opened at $89.87 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The company has a market cap of $26.33 billion, a PE ratio of 25.30 and a beta of 0.59. The firm has a 50-day moving average of $91.16 and a 200-day moving average of $89.94.

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.