TBH Global Asset Management LLC Reduces Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

TBH Global Asset Management LLC decreased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) by 18.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,739 shares of the company’s stock after selling 5,619 shares during the period. TBH Global Asset Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,930,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cherry Tree Wealth Management LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 0.9% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 17,305 shares of the company’s stock worth $1,350,000 after acquiring an additional 160 shares in the last quarter. ARS Wealth Advisors Group LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.5% in the 4th quarter. ARS Wealth Advisors Group LLC now owns 511,936 shares of the company’s stock valued at $39,946,000 after buying an additional 22,057 shares during the period. Ergawealth Advisors Inc. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.5% in the 4th quarter. Ergawealth Advisors Inc. now owns 28,281 shares of the company’s stock valued at $2,207,000 after buying an additional 696 shares during the period. EWA LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 9.2% in the 4th quarter. EWA LLC now owns 115,354 shares of the company’s stock valued at $9,269,000 after buying an additional 9,725 shares during the period. Finally, White Pine Investment CO boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the 4th quarter. White Pine Investment CO now owns 152,434 shares of the company’s stock valued at $11,894,000 after buying an additional 668 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV traded up $0.15 during midday trading on Friday, hitting $83.03. The company’s stock had a trading volume of 909,451 shares. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The firm’s fifty day moving average price is $82.11 and its 200-day moving average price is $79.74. The firm has a market cap of $24.33 billion, a P/E ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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