CX Institutional Lowers Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

CX Institutional lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.8% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,757 shares of the company’s stock after selling 1,840 shares during the quarter. CX Institutional’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,443,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Integrated Advisors Network LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1.3% in the first quarter. Integrated Advisors Network LLC now owns 16,774 shares of the company’s stock worth $1,571,000 after purchasing an additional 208 shares during the last quarter. Simplicity Wealth LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 115.6% in the first quarter. Simplicity Wealth LLC now owns 18,065 shares of the company’s stock worth $1,692,000 after purchasing an additional 9,686 shares during the last quarter. GAMMA Investing LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 37.0% in the first quarter. GAMMA Investing LLC now owns 2,708 shares of the company’s stock worth $254,000 after purchasing an additional 731 shares during the last quarter. Wealthcare Advisory Partners LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 11.5% in the first quarter. Wealthcare Advisory Partners LLC now owns 22,583 shares of the company’s stock worth $2,115,000 after purchasing an additional 2,334 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 90.8% in the first quarter. Farther Finance Advisors LLC now owns 35,897 shares of the company’s stock worth $3,360,000 after purchasing an additional 17,080 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $93.00 on Thursday. The company’s fifty day moving average is $91.65 and its 200 day moving average is $91.80. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $82.44 and a fifty-two week high of $95.12. The stock has a market capitalization of $23.85 billion, a PE ratio of 24.27 and a beta of 0.72.

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.