Snider Financial Group Sells 547 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Snider Financial Group lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,276 shares of the company’s stock after selling 547 shares during the period. Snider Financial Group’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $847,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Headlands Technologies LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $30,000. Gleason Group Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at about $32,000. Hantz Financial Services Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $33,000. Strategic Financial Concepts LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $35,000. Finally, Fortitude Family Office LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $38,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock opened at $93.14 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The business’s 50 day moving average is $91.35 and its 200-day moving average is $87.25. The firm has a market cap of $27.29 billion, a P/E ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF 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.