White Pine Investment CO Trims Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

White Pine Investment CO lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 136,709 shares of the company’s stock after selling 5,645 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up approximately 3.4% of White Pine Investment CO’s holdings, making the stock its 5th biggest holding. White Pine Investment CO owned about 0.05% of iShares MSCI USA Min Vol Factor ETF worth $12,804,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. VSM Wealth Advisory LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $27,000. Howe & Rusling Inc. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 94.2% in the fourth quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock valued at $27,000 after purchasing an additional 146 shares during the last quarter. Chapman Financial Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $28,000. Millstone Evans Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $38,000. Finally, Center for Financial Planning Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 762.0% in the first quarter. Center for Financial Planning Inc. now owns 431 shares of the company’s stock valued at $40,000 after buying an additional 381 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.1%

BATS:USMV opened at $93.16 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $83.55 and a 1-year high of $95.12. The firm has a fifty day simple moving average of $92.37 and a 200 day simple moving average of $91.67. The stock has a market capitalization of $23.77 billion, a PE ratio of 22.90 and a beta of 0.72.

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.