Peddock Capital Advisors LLC Decreases Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Peddock Capital Advisors LLC lowered its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.3% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 12,676 shares of the company’s stock after selling 164 shares during the period. Peddock Capital Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,157,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Future Financial Wealth Managment LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $201,000. Insight Wealth Strategies LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 10.2% during the 3rd quarter. Insight Wealth Strategies LLC now owns 339,326 shares of the company’s stock worth $30,984,000 after acquiring an additional 31,433 shares during the period. Dynamic Advisor Solutions LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth $247,000. Blue Zone Wealth Advisors LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.0% during the 3rd quarter. Blue Zone Wealth Advisors LLC now owns 3,779 shares of the company’s stock worth $345,000 after acquiring an additional 247 shares during the period. Finally, Fulton Bank N.A. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 34.0% during the 3rd quarter. Fulton Bank N.A. now owns 3,382 shares of the company’s stock worth $309,000 after acquiring an additional 858 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV traded up $0.73 during trading on Wednesday, hitting $90.84. 2,067,830 shares of the company 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 company has a fifty day moving average price of $89.72 and a 200-day moving average price of $85.46. The firm has a market capitalization of $26.62 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.