Freestone Capital Holdings LLC Sells 1,226 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Freestone Capital Holdings LLC cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 14.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,336 shares of the company’s stock after selling 1,226 shares during the quarter. Freestone Capital Holdings LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $651,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in USMV. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $1,176,338,000. Lockheed Martin Investment Management Co. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $62,801,000. LPL Financial LLC grew its holdings in shares of 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. Strategic Financial Concepts LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $16,911,000. Finally, Millburn Ridgefield Corp grew its holdings in shares of 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.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $93.05 on Friday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The firm has a market capitalization of $23.64 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. The company’s 50 day moving average price is $91.50 and its two-hundred day moving average price is $91.49.

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.