iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by First Citizens Financial Corp

First Citizens Financial Corp reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 22.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,316 shares of the company’s stock after selling 2,693 shares during the period. First Citizens Financial Corp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $827,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. SpiderRock Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $629,000. Headlands Technologies LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $30,000. EdgeRock Capital LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% in the third quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock valued at $6,132,000 after purchasing an additional 3,371 shares in the last quarter. Cullen Frost Bankers Inc. grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 62,400.0% in the second quarter. Cullen Frost Bankers Inc. now owns 625 shares of the company’s stock valued at $52,000 after purchasing an additional 624 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock worth $19,494,000 after purchasing an additional 1,785 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock traded down $0.13 on Friday, reaching $88.66. The company had a trading volume of 1,399,153 shares. The company’s fifty day moving average is $91.68 and its 200 day moving average is $89.53. The company has a market cap of $25.98 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45.

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.