Arkansas Financial Group Inc. Sells 9,654 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Arkansas Financial Group Inc. cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 45,438 shares of the company’s stock after selling 9,654 shares during the period. Arkansas Financial Group Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,149,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Headlands Technologies LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $30,000. Gleason Group Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $32,000. Hantz Financial Services Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $33,000. Strategic Financial Concepts LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $35,000. Finally, Naples Money Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the first quarter worth about $41,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV traded up $0.43 during mid-day trading on Friday, reaching $91.10. The stock had a trading volume of 1,334,540 shares. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The stock has a 50-day simple moving average of $89.56 and a two-hundred day simple moving average of $85.32. The stock has a market capitalization of $26.69 billion, a PE ratio of 25.30 and a beta of 0.59.

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.