Syverson Strege & Co Cuts Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Syverson Strege & Co lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 31,400 shares of the company’s stock after selling 566 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises 0.9% of Syverson Strege & Co’s holdings, making the stock its 12th biggest position. Syverson Strege & Co’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,788,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. VSM Wealth Advisory LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $27,000. Stonebridge Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $28,000. AlphaMark Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $30,000. Valued Wealth Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $30,000. Finally, Sound Income Strategies LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 65.0% in the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after acquiring an additional 143 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.0 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.08 on Tuesday. The firm has a market capitalization of $24.29 billion, a P/E ratio of 24.03 and a beta of 0.77. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $79.69 and a 52 week high of $95.12. The company has a 50 day moving average price of $92.36 and a 200 day moving average price of $91.68.

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.