Fisher Asset Management LLC Sells 1,496 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Fisher Asset Management LLC trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 15.1% in the fourth quarter, Holdings Channel reports. The fund owned 8,391 shares of the company’s stock after selling 1,496 shares during the quarter. Fisher Asset Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $745,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Stonebridge Financial Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $28,000. AlphaMark Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $30,000. Valued Wealth Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $30,000. Sound Income Strategies LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 65.0% in the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after purchasing an additional 143 shares during the period. Finally, Arrow Financial Corp acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $45,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.0 %

BATS USMV opened at $93.05 on Friday. The company has a market capitalization of $23.64 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The stock has a fifty day simple moving average of $91.50 and a 200 day simple moving average of $91.49.

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.