CX Institutional Lowers Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

CX Institutional reduced its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,597 shares of the company’s stock after selling 2,839 shares during the period. CX Institutional’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,427,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of USMV. SpiderRock Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $629,000. EdgeRock Capital LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% in the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after buying an additional 3,371 shares during the period. Integrated Wealth Concepts LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 7.4% in the third quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock valued at $57,937,000 after acquiring an additional 43,846 shares during the last quarter. Gateway Wealth Partners LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 4.8% during the second quarter. Gateway Wealth Partners LLC now owns 50,033 shares of the company’s stock valued at $4,201,000 after acquiring an additional 2,304 shares during the period. Finally, Bell Investment Advisors Inc increased its stake in iShares MSCI USA Min Vol Factor ETF by 42.2% during the third quarter. Bell Investment Advisors Inc now owns 38,509 shares of the company’s stock worth $3,516,000 after acquiring an additional 11,432 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $90.97 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The firm has a market capitalization of $26.65 billion, a P/E ratio of 25.30 and a beta of 0.59. The business’s 50-day simple moving average is $90.96 and its 200-day simple moving average is $90.13.

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.