BCM Advisors LLC Cuts Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

BCM Advisors LLC reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 47,646 shares of the company’s stock after selling 1,820 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for approximately 1.0% of BCM Advisors LLC’s portfolio, making the stock its 18th largest holding. BCM Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,835,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in USMV. Forte Asset Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $435,000. Opes Wealth Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $209,000. ADE LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the fourth quarter. ADE LLC now owns 103,392 shares of the company’s stock worth $8,068,000 after purchasing an additional 813 shares during the last quarter. Fidelis Capital Partners LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 34.2% in the fourth quarter. Fidelis Capital Partners LLC now owns 13,939 shares of the company’s stock worth $1,088,000 after purchasing an additional 3,556 shares during the last quarter. Finally, Western Wealth Management LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 9.9% in the fourth quarter. Western Wealth Management LLC now owns 47,419 shares of the company’s stock worth $3,700,000 after buying an additional 4,273 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV traded up $0.49 during midday trading on Friday, hitting $80.49. The stock had a trading volume of 2,948,059 shares. The company has a market cap of $23.54 billion, a P/E ratio of 25.31 and a beta of 0.59. The business has a fifty day moving average of $81.71 and a 200 day moving average of $78.04. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45.

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.