Gryphon Financial Partners LLC Cuts Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Gryphon Financial Partners LLC trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 13.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,457 shares of the company’s stock after selling 373 shares during the quarter. Gryphon Financial Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $218,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stonebridge Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $28,000. AlphaMark Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $30,000. Valued Wealth Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $30,000. Sound Income Strategies LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% in the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after acquiring an additional 143 shares in the last quarter. Finally, Arrow Financial Corp purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $45,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.5 %

BATS:USMV opened at $94.37 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The firm has a market capitalization of $23.98 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. The firm’s fifty day simple moving average is $91.29 and its 200 day simple moving average is $91.44.

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.