iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stock Position Lowered by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV lessened its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 20.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 842 shares of the company’s stock after selling 210 shares during the period. Creative Financial Designs Inc. ADV’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $75,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of USMV. Anchor Investment Management LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% during the third quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock worth $181,000 after purchasing an additional 112 shares during the period. Smart Portfolios LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.2% during the fourth quarter. Smart Portfolios LLC now owns 5,235 shares of the company’s stock worth $465,000 after purchasing an additional 112 shares during the period. Flputnam Investment Management Co. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.3% during the fourth quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock worth $263,000 after purchasing an additional 123 shares during the period. Mcdonald Partners LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the fourth quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock worth $1,299,000 after purchasing an additional 125 shares during the period. Finally, Aveo Capital Partners LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.7% during the fourth quarter. Aveo Capital Partners LLC now owns 3,598 shares of the company’s stock worth $319,000 after purchasing an additional 129 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.4 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $92.50 on Friday. The stock’s fifty day moving average is $92.18 and its 200-day moving average is $91.65. The firm has a market capitalization of $24.14 billion, a PE ratio of 24.03 and a beta of 0.77. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $79.69 and a 12-month high of $95.12.

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.