iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Ballew Advisors Inc

Ballew Advisors Inc decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 29,613 shares of the company’s stock after selling 945 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for about 1.7% of Ballew Advisors Inc’s investment portfolio, making the stock its 11th largest position. Ballew Advisors Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,327,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Horrell Capital Management Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $27,000. Global Trust Asset Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $27,000. Eagle Bay Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter worth approximately $28,000. Stonebridge Capital Advisors LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 180.4% in the fourth quarter. Stonebridge Capital Advisors LLC now owns 401 shares of the company’s stock worth $29,000 after buying an additional 258 shares during the last quarter. Finally, BNP Paribas Arbitrage SNC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $31,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.2 %

iShares MSCI USA Min Vol Factor ETF stock traded up $0.20 during mid-day trading on Thursday, hitting $83.58. The company’s stock had a trading volume of 2,621,434 shares. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The stock has a market capitalization of $32.06 billion, a P/E ratio of 20.17 and a beta of 0.75. The stock’s fifty day moving average price is $81.23 and its two-hundred day moving average price is $77.26.

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.