iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) by 11.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 150,000 shares of the company’s stock after selling 20,000 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned about 0.05% of iShares MSCI USA Min Vol Factor ETF worth $13,308,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. AlphaMark Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $30,000. Valued Wealth Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $30,000. Sound Income Strategies LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after acquiring an additional 143 shares in the last quarter. Fortitude Family Office LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $38,000. Finally, Bfsg LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 116.9% in the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after purchasing an additional 228 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $93.08 on Friday. The firm’s 50 day simple moving average is $90.83 and its 200-day simple moving average is $90.53. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The stock has a market capitalization of $27.27 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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