Golden State Equity Partners Sells 1,829 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Golden State Equity Partners trimmed its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,183 shares of the company’s stock after selling 1,829 shares during the quarter. Golden State Equity Partners’ holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,575,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of USMV. Keener Financial Planning LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $26,000. Horrell Capital Management Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $27,000. Global Trust Asset Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $27,000. M&R Capital Management Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $34,000. Finally, Sandy Spring Bank raised its stake in iShares MSCI USA Min Vol Factor ETF by 484.0% during the third quarter. Sandy Spring Bank now owns 584 shares of the company’s stock worth $42,000 after acquiring an additional 484 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $80.93 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The firm has a market capitalization of $23.66 billion, a P/E ratio of 25.31 and a beta of 0.59. The stock has a fifty day moving average price of $81.80 and a two-hundred day moving average price of $78.45.

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.