US Bancorp DE Sells 108,829 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

US Bancorp DE trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,233,606 shares of the company’s stock after selling 108,829 shares during the period. US Bancorp DE owned about 0.42% of iShares MSCI USA Min Vol Factor ETF worth $109,532,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $28,000. AlphaMark Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $30,000. Valued Wealth Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $30,000. Sound Income Strategies LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 65.0% in the 4th 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 bought a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $45,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $94.60 on Friday. The company has a market capitalization of $24.04 billion, a P/E ratio of 24.43 and a beta of 0.79. The company’s 50-day simple moving average is $91.19 and its two-hundred day simple moving average is $91.34. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45.

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.