Latitude Advisors LLC Sells 1,429 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Latitude Advisors LLC trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 22.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,960 shares of the company’s stock after selling 1,429 shares during the period. Latitude Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $440,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Stonebridge Financial Group LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $28,000. AlphaMark Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $30,000. Valued Wealth Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $30,000. Sound Income Strategies LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% during the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after purchasing an additional 143 shares during the last quarter. Finally, Fortitude Family Office LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $38,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.0 %

BATS USMV opened at $93.08 on Tuesday. The company has a market cap of $27.27 billion, a PE ratio of 25.30 and a beta of 0.59. 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 50 day moving average of $90.76 and a 200-day moving average of $90.66.

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.