Kraft Davis & Associates LLC Cuts Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Kraft Davis & Associates LLC lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,337 shares of the company’s stock after selling 234 shares during the quarter. Kraft Davis & Associates LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $426,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in USMV. Keener Financial Planning LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $26,000. Horrell Capital Management Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $27,000. Global Trust Asset Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $27,000. Eagle Bay Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $28,000. Finally, Stonebridge Capital Advisors LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 180.4% during the 4th 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.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV traded up $0.49 during trading hours on Friday, reaching $80.49. The company’s stock had a trading volume of 2,948,059 shares. The stock has a market cap of $23.54 billion, a PE ratio of 25.31 and a beta of 0.59. 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’s 50-day moving average is $81.72 and its 200-day moving average is $78.10.

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.