Shufro Rose & Co. LLC Sells 1,274 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Shufro Rose & Co. LLC decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,039 shares of the company’s stock after selling 1,274 shares during the period. Shufro Rose & Co. LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,740,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Keener Financial Planning LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $26,000. Horrell Capital Management Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $27,000. Global Trust Asset Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $27,000. M&R Capital Management Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $34,000. Finally, Criterion Capital Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $42,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.4 %

BATS USMV traded down $0.29 on Friday, hitting $80.93. 2,421,659 shares of the company traded hands. The company has a market capitalization of $23.66 billion, a price-to-earnings ratio of 25.31 and a beta of 0.59. The business’s 50 day moving average price is $81.80 and its 200-day moving average price is $78.45. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45.

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.