Kelly Financial Services LLC Lowers Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Kelly Financial Services LLC cut its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,650 shares of the company’s stock after selling 153 shares during the quarter. Kelly Financial Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $235,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in USMV. Fortitude Family Office LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $38,000. Bfsg LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% in the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after buying an additional 228 shares during the last quarter. Arrow Financial Corp bought a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at about $45,000. Eastern Bank purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $92,000. Finally, American Capital Advisory LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 1,460.0% in the third quarter. American Capital Advisory LLC now owns 1,014 shares of the company’s stock worth $93,000 after acquiring an additional 949 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 1.4 %

iShares MSCI USA Min Vol Factor ETF stock opened at $89.87 on Friday. The firm has a 50 day moving average price of $91.16 and a 200-day moving average price of $89.94. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The company has a market capitalization of $26.33 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.