Thoroughbred Financial Services LLC Lowers Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Thoroughbred Financial Services LLC trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,459 shares of the company’s stock after selling 119 shares during the period. Thoroughbred Financial Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,461,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Millburn Ridgefield Corp grew its position in iShares MSCI USA Min Vol Factor ETF by 5.2% during the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after buying an additional 180,849 shares during the period. Darrow Company Inc. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 4th quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock worth $13,755,000 after acquiring an additional 1,256 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $1,529,000. Advisors Preferred LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $438,000. Finally, MONECO Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.4% during the fourth quarter. MONECO Advisors LLC now owns 106,286 shares of the company’s stock worth $9,437,000 after purchasing an additional 427 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $87.26 on Friday. The company has a market cap of $22.35 billion, a price-to-earnings ratio of 24.22 and a beta of 0.74. iShares MSCI USA Min Vol Factor ETF has a one year low of $79.69 and a one year high of $95.12. The business’s fifty day moving average is $92.83 and its two-hundred day moving average is $91.79.

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.