Retireful LLC Sells 7,033 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Retireful LLC lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 39.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,930 shares of the company’s stock after selling 7,033 shares during the quarter. Retireful LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,014,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of USMV. Howe & Rusling Inc. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 94.2% during the fourth quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock worth $27,000 after acquiring an additional 146 shares during the last quarter. VSM Wealth Advisory LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $27,000. Chapman Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $28,000. Stonebridge Financial Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $28,000. Finally, Millstone Evans Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $38,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $93.65 on Thursday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $82.32 and a fifty-two week high of $95.12. The firm has a market capitalization of $24.01 billion, a P/E ratio of 24.27 and a beta of 0.72. The company’s 50 day simple moving average is $91.54 and its 200 day simple moving average is $91.76.

iShares MSCI USA Min Vol Factor ETF Company 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.