NEXT Financial Group Inc Has $6.90 Million Stake in iShares Edge MSCI Min Vol USA ETF (BATS:USMV)

NEXT Financial Group Inc trimmed its holdings in shares of iShares Edge MSCI Min Vol USA ETF (BATS:USMV) by 8.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 105,108 shares of the company’s stock after selling 9,999 shares during the period. iShares Edge MSCI Min Vol USA ETF comprises about 0.7% of NEXT Financial Group Inc’s portfolio, making the stock its 16th biggest holding. NEXT Financial Group Inc’s holdings in iShares Edge MSCI Min Vol USA ETF were worth $6,895,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Duncker Streett & Co. Inc. boosted its holdings in iShares Edge MSCI Min Vol USA ETF by 8.3% during the third quarter. Duncker Streett & Co. Inc. now owns 5,214 shares of the company’s stock valued at $334,000 after acquiring an additional 400 shares during the period. Inscription Capital LLC boosted its holdings in iShares Edge MSCI Min Vol USA ETF by 7.7% during the third quarter. Inscription Capital LLC now owns 67,096 shares of the company’s stock valued at $4,301,000 after acquiring an additional 4,787 shares during the period. Barclays PLC boosted its holdings in iShares Edge MSCI Min Vol USA ETF by 211.8% during the third quarter. Barclays PLC now owns 98,790 shares of the company’s stock valued at $6,333,000 after acquiring an additional 67,103 shares during the period. Riversedge Advisors LLC bought a new stake in shares of iShares Edge MSCI Min Vol USA ETF in the second quarter valued at about $558,000. Finally, Parker Investment Management LLC lifted its stake in shares of iShares Edge MSCI Min Vol USA ETF by 286.2% in the second quarter. Parker Investment Management LLC now owns 174,869 shares of the company’s stock valued at $10,795,000 after buying an additional 129,595 shares during the period.

Shares of BATS USMV traded up $0.17 during mid-day trading on Tuesday, hitting $67.79. The company had a trading volume of 4,537,306 shares. The business’s 50-day simple moving average is $65.58 and its 200-day simple moving average is $64.09. iShares Edge MSCI Min Vol USA ETF has a 12 month low of $47.44 and a 12 month high of $55.45.

Featured Story: How to Invest in an Index Fund

Want to see what other hedge funds are holding USMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Edge MSCI Min Vol USA ETF (BATS:USMV).

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

Receive News & Ratings for iShares Edge MSCI Min Vol USA ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Edge MSCI Min Vol USA ETF and related companies with MarketBeat.com's FREE daily email newsletter.