iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,388 shares of the company’s stock after selling 174 shares during the period. Great Valley Advisor Group Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,145,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Headlands Technologies LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $30,000. Gleason Group Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth $32,000. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth $33,000. Fortitude Family Office LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $38,000. Finally, Bfsg LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after purchasing an additional 228 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $93.46 on Friday. The company has a market cap of $27.38 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The stock’s 50-day moving average is $91.64 and its two-hundred day moving average is $87.79. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

About iShares MSCI USA Min Vol Factor ETF

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.