Symmetry Partners LLC Reduces Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Symmetry Partners LLC lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 83.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 127,830 shares of the company’s stock after selling 641,402 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for approximately 2.8% of Symmetry Partners LLC’s holdings, making the stock its 14th largest holding. Symmetry Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $11,672,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. First Trust Direct Indexing L.P. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter worth about $853,000. Sequoia Financial Advisors LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 23.2% in the 1st quarter. Sequoia Financial Advisors LLC now owns 4,861 shares of the company’s stock valued at $406,000 after purchasing an additional 914 shares in the last quarter. BNP Paribas Financial Markets raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 558.9% during the 1st quarter. BNP Paribas Financial Markets now owns 20,190 shares of the company’s stock worth $1,687,000 after buying an additional 17,126 shares during the last quarter. Connecticut Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter valued at about $408,000. Finally, Choreo LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 1.0% during the 1st quarter. Choreo LLC now owns 288,587 shares of the company’s stock valued at $24,120,000 after buying an additional 2,951 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.0 %

Shares of BATS:USMV traded down $0.02 during midday trading on Friday, reaching $89.97. The company’s stock had a trading volume of 1,232,456 shares. The firm has a market cap of $26.36 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. 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 has a 50 day moving average price of $91.14 and a 200 day moving average price of $86.59.

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.