iShares MSCI USA Min Vol Factor ETF $USMV Stock Holdings Lessened by Hobbs Group Advisors LLC

Hobbs Group Advisors LLC trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 39.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 37,940 shares of the company’s stock after selling 25,113 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up 1.1% of Hobbs Group Advisors LLC’s holdings, making the stock its 19th largest holding. Hobbs Group Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,572,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of USMV. Bedel Financial Consulting Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $322,000. L. Roy Papp & Associates LLP lifted its stake in iShares MSCI USA Min Vol Factor ETF by 5.0% during the fourth quarter. L. Roy Papp & Associates LLP now owns 79,084 shares of the company’s stock valued at $7,447,000 after buying an additional 3,736 shares in the last quarter. Delta Wealth Advisors LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.8% in the fourth quarter. Delta Wealth Advisors LLC now owns 36,591 shares of the company’s stock worth $3,445,000 after buying an additional 2,014 shares during the period. Leelyn Smith LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.2% in the fourth quarter. Leelyn Smith LLC now owns 157,105 shares of the company’s stock worth $14,793,000 after acquiring an additional 3,446 shares in the last quarter. Finally, CFM Wealth Partners LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the 4th quarter. CFM Wealth Partners LLC now owns 58,758 shares of the company’s stock valued at $5,533,000 after acquiring an additional 514 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $94.09 on Wednesday. The firm’s 50 day moving average price is $94.72 and its two-hundred day moving average price is $94.49. The stock has a market cap of $24.01 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $88.78 and a twelve month high of $98.07.

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.