Hobart Private Capital LLC Decreases Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Hobart Private Capital LLC lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,959 shares of the company’s stock after selling 115 shares during the period. Hobart Private Capital LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $352,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. AlphaMark Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $30,000. Valued Wealth Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $30,000. Sound Income Strategies LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after purchasing an additional 143 shares during the last quarter. Fortitude Family Office LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth approximately $38,000. Finally, Bfsg LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 116.9% during the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after purchasing an additional 228 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $92.73 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The company has a 50 day moving average price of $90.76 and a 200 day moving average price of $90.59. The firm has a market capitalization of $27.17 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

About iShares MSCI USA Min Vol Factor ETF

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.