Cadence Bank Sells 309 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Cadence Bank trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,849 shares of the company’s stock after selling 309 shares during the period. Cadence Bank’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $260,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. SpiderRock Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $629,000. Headlands Technologies LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $30,000. EdgeRock Capital LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 5.3% in the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after acquiring an additional 3,371 shares during the last quarter. QRG Capital Management Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 36.5% in the 2nd quarter. QRG Capital Management Inc. now owns 4,752 shares of the company’s stock valued at $399,000 after acquiring an additional 1,270 shares during the period. Finally, Banco Santander S.A. lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.2% during the second quarter. Banco Santander S.A. now owns 99,199 shares of the company’s stock valued at $8,329,000 after purchasing an additional 1,200 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.1 %

USMV opened at $94.44 on Thursday. The firm has a 50-day moving average price of $91.82 and a 200-day moving average price of $88.07. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The company has a market capitalization of $27.67 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.