Gryphon Financial Partners LLC decreased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 13.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,457 shares of the company’s stock after selling 373 shares during the quarter. Gryphon Financial Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $218,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of the company. Millburn Ridgefield Corp lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after purchasing an additional 180,849 shares in the last quarter. Darrow Company Inc. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the fourth quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock valued at $13,755,000 after acquiring an additional 1,256 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $1,529,000. SpiderRock Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $629,000. Finally, Advisors Preferred LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $438,000.
iShares MSCI USA Min Vol Factor ETF Stock Performance
Shares of USMV opened at $94.37 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The company’s 50 day simple moving average is $91.29 and its 200 day simple moving average is $91.44. The company has a market capitalization of $23.98 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79.
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.
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