Signet Financial Management LLC Decreases Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Signet Financial Management LLC trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,004 shares of the company’s stock after selling 913 shares during the period. Signet Financial Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,717,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Keener Financial Planning LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $26,000. Horrell Capital Management Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $27,000. Global Trust Asset Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $27,000. Eagle Bay Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $28,000. Finally, Stonebridge Capital Advisors LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 180.4% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 401 shares of the company’s stock valued at $29,000 after acquiring an additional 258 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock traded down $0.48 during mid-day trading on Tuesday, hitting $79.98. The company’s stock had a trading volume of 4,103,346 shares. The company has a 50 day moving average of $81.73 and a 200-day moving average of $77.96. The stock has a market cap of $23.39 billion, a PE ratio of 25.31 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45.

iShares MSCI USA Min Vol Factor ETF Company 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.