OVERSEA CHINESE BANKING Corp Ltd decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 89.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,547 shares of the company’s stock after selling 120,049 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,203,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Raymond James Financial Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $1,176,338,000. LPL Financial LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after purchasing an additional 346,414 shares during the last quarter. Millburn Ridgefield Corp raised its position in iShares MSCI USA Min Vol Factor ETF by 5.2% during the 4th 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 during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock valued at $294,542,000 after purchasing an additional 21,739 shares during the last quarter. Finally, Cerity Partners LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 0.8% during the 3rd quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock valued at $194,871,000 after purchasing an additional 17,264 shares during the last quarter.
iShares MSCI USA Min Vol Factor ETF Price Performance
USMV opened at $92.83 on Thursday. iShares MSCI USA Min Vol Factor ETF has a one year low of $79.69 and a one year high of $95.12. The business has a 50 day simple moving average of $92.11 and a two-hundred day simple moving average of $91.64. The firm has a market capitalization of $24.23 billion, a price-to-earnings ratio of 24.03 and a beta of 0.77.
About iShares MSCI USA Min Vol Factor ETF
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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