Investment Partners LTD. Reduces Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Investment Partners LTD. lessened its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 42,946 shares of the company’s stock after selling 154 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up about 1.6% of Investment Partners LTD.’s holdings, making the stock its 19th largest position. Investment Partners LTD.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,813,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Millburn Ridgefield Corp raised its position in iShares MSCI USA Min Vol Factor ETF by 5.2% during the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after acquiring an additional 180,849 shares during the last quarter. Darrow Company Inc. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 4th quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock worth $13,755,000 after purchasing an additional 1,256 shares during the last quarter. Golden State Wealth Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $1,529,000. SpiderRock Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at approximately $629,000. Finally, Advisors Preferred LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $438,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.7 %

BATS USMV opened at $94.60 on Monday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The business has a fifty day moving average of $91.19 and a 200-day moving average of $91.40. The stock has a market cap of $24.04 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79.

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.