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

Royal Harbor Partners LLC trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 96.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,824 shares of the company’s stock after selling 85,702 shares during the period. Royal Harbor Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $251,000 as of its most recent SEC filing.

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 in the 4th quarter valued at $28,000. AlphaMark Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $30,000. Valued Wealth Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $30,000. Sound Income Strategies LLC lifted its holdings 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 valued at $32,000 after acquiring an additional 143 shares in the last quarter. Finally, Arrow Financial Corp acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $45,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $93.76 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The firm has a market capitalization of $23.82 billion, a P/E ratio of 24.43 and a beta of 0.79. The company’s fifty day moving average price is $91.44 and its two-hundred day moving average price is $91.48.

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.