TBH Global Asset Management LLC Sells 390 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

TBH Global Asset Management LLC decreased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,999 shares of the company’s stock after selling 390 shares during the quarter. TBH Global Asset Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,154,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Millburn Ridgefield Corp lifted its stake in iShares MSCI USA Min Vol Factor ETF by 5.2% in the 4th quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after purchasing an additional 180,849 shares during the last quarter. Darrow Company Inc. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the fourth quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock valued at $13,755,000 after buying an additional 1,256 shares during the last quarter. Golden State Wealth Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $1,529,000. SpiderRock Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $629,000. Finally, Advisors Preferred LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $438,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock opened at $93.71 on Thursday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The stock has a market cap of $27.46 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The company has a fifty day moving average price of $90.74 and a two-hundred day moving average price of $91.01.

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.