First Citizens Bank & Trust Co. Sells 8,466 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

First Citizens Bank & Trust Co. cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 18.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,425 shares of the company’s stock after selling 8,466 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,412,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in USMV. AlphaMark Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $30,000. Sound Income Strategies LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 65.0% during the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after acquiring an additional 143 shares during the last quarter. Fortitude Family Office LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $38,000. Bfsg LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 116.9% during the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after acquiring an additional 228 shares during the last quarter. Finally, Arrow Financial Corp bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $45,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $90.97 on Monday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The firm has a market capitalization of $26.65 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The company’s 50 day moving average price is $90.96 and its two-hundred day moving average price is $90.21.

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.