TD Capital Management LLC trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 7.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 135,654 shares of the company’s stock after selling 11,140 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up 1.1% of TD Capital Management LLC’s holdings, making the stock its 23rd biggest holding. TD Capital Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $12,773,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in the company. Junto Capital Management LP purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $85,107,000. BNP Paribas Financial Markets grew its holdings in iShares MSCI USA Min Vol Factor ETF by 10,472.3% in the 4th quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock worth $75,398,000 after acquiring an additional 793,173 shares during the last quarter. Two Sigma Investments LP increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 26.1% in the third quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock valued at $260,056,000 after acquiring an additional 565,200 shares during the period. Morgan Stanley increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.2% in the fourth quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock valued at $1,434,701,000 after acquiring an additional 465,870 shares during the period. Finally, Ameriprise Financial Inc. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 18.5% in the second quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock valued at $271,634,000 after acquiring an additional 452,184 shares during the period.
iShares MSCI USA Min Vol Factor ETF Trading Down 0.4%
Shares of BATS:USMV opened at $94.24 on Friday. The company has a 50-day moving average price of $95.04 and a 200-day moving average price of $94.85. The company has a market cap of $24.05 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $98.07.
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.
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