Edgestream Partners L.P. Sells 8,290 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Edgestream Partners L.P. reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 71.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,327 shares of the company’s stock after selling 8,290 shares during the quarter. Edgestream Partners L.P.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $304,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of USMV. QRG Capital Management Inc. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 36.5% in the 2nd quarter. QRG Capital Management Inc. now owns 4,752 shares of the company’s stock valued at $399,000 after purchasing an additional 1,270 shares during the period. LPF Advisors LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 35.8% in the second quarter. LPF Advisors LLC now owns 8,307 shares of the company’s stock valued at $697,000 after acquiring an additional 2,190 shares in the last quarter. Fermata Advisors LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 59.1% during the second quarter. Fermata Advisors LLC now owns 9,927 shares of the company’s stock worth $833,000 after acquiring an additional 3,688 shares during the period. Muirfield Wealth Advisors LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 2.8% in the 2nd quarter. Muirfield Wealth Advisors LLC now owns 41,172 shares of the company’s stock worth $3,457,000 after purchasing an additional 1,111 shares in the last quarter. Finally, Retirement Planning Group LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 45.3% in the 2nd quarter. Retirement Planning Group LLC now owns 21,505 shares of the company’s stock valued at $1,806,000 after purchasing an additional 6,702 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.4 %

Shares of BATS:USMV opened at $93.53 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The company’s 50 day moving average price is $92.22 and its two-hundred day moving average price is $88.55. The firm has a market cap of $27.40 billion, a PE ratio of 25.30 and a beta of 0.59.

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.