iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Holdings Lowered by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC cut its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 14.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,144 shares of the company’s stock after selling 3,642 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,728,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Keener Financial Planning LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $26,000. Horrell Capital Management Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $27,000. Global Trust Asset Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $27,000. M&R Capital Management Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $34,000. Finally, Sandy Spring Bank lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 484.0% in the 3rd quarter. Sandy Spring Bank now owns 584 shares of the company’s stock valued at $42,000 after acquiring an additional 484 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.4 %

BATS:USMV traded down $0.29 during trading hours on Friday, reaching $80.93. 2,421,659 shares of the company’s stock were exchanged. The company has a market capitalization of $23.66 billion, a P/E ratio of 25.31 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The business’s 50-day simple moving average is $81.80 and its two-hundred day simple moving average is $78.45.

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.