Level Four Advisory Services LLC Trims Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Level Four Advisory Services LLC trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,609 shares of the company’s stock after selling 198 shares during the period. Level Four Advisory Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,895,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. BNP Paribas Financial Markets boosted its stake in iShares MSCI USA Min Vol Factor ETF by 5.1% during the third quarter. BNP Paribas Financial Markets now owns 5,017 shares of the company’s stock worth $458,000 after acquiring an additional 243 shares in the last quarter. Northwest & Ethical Investments L.P. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 104.3% in the 3rd quarter. Northwest & Ethical Investments L.P. now owns 109,700 shares of the company’s stock worth $10,017,000 after buying an additional 56,000 shares during the last quarter. Rockefeller Capital Management L.P. increased its position in iShares MSCI USA Min Vol Factor ETF by 0.3% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 187,402 shares of the company’s stock valued at $17,068,000 after buying an additional 611 shares in the last quarter. Flow Traders U.S. LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 194.5% during the third quarter. Flow Traders U.S. LLC now owns 65,857 shares of the company’s stock valued at $6,013,000 after buying an additional 43,494 shares during the last quarter. Finally, Tradition Wealth Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 3.5% in the third quarter. Tradition Wealth Management LLC now owns 133,097 shares of the company’s stock worth $12,153,000 after acquiring an additional 4,528 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 4.6 %

BATS USMV opened at $92.75 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $79.69 and a 12 month high of $95.12. The stock’s fifty day moving average price is $92.67 and its 200-day moving average price is $91.75. The stock has a market cap of $24.21 billion, a P/E ratio of 24.03 and a beta of 0.77.

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.