Houlihan Financial Resource Group Ltd. Decreases Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Houlihan Financial Resource Group Ltd. lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.5% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 40,493 shares of the company’s stock after selling 1,029 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up about 1.5% of Houlihan Financial Resource Group Ltd.’s holdings, making the stock its 24th biggest position. Houlihan Financial Resource Group Ltd.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,384,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Keener Financial Planning LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $26,000. Horrell Capital Management Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $27,000. Global Trust Asset Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $27,000. M&R Capital Management Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $34,000. Finally, SYM FINANCIAL Corp grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 232.9% during the 4th quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock worth $38,000 after purchasing an additional 340 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV traded up $0.64 during trading on Friday, reaching $85.66. 1,059,692 shares of the stock were exchanged. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The firm has a market cap of $25.10 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The firm’s 50-day moving average price is $83.40 and its 200 day moving average price is $81.63.

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.