Creekside Partners Cuts Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Creekside Partners trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,621 shares of the company’s stock after selling 442 shares during the quarter. Creekside Partners’ holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,557,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of USMV. Kirtland Hills Capital Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth about $522,000. Financial Management Network Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 2.2% in the 1st quarter. Financial Management Network Inc. now owns 6,131 shares of the company’s stock valued at $529,000 after acquiring an additional 132 shares during the period. PTM Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at about $809,000. Atlas Legacy Advisors LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 5.7% in the 1st quarter. Atlas Legacy Advisors LLC now owns 13,391 shares of the company’s stock valued at $1,243,000 after acquiring an additional 720 shares during the period. Finally, Facet Wealth Inc. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 16.2% during the first quarter. Facet Wealth Inc. now owns 438,785 shares of the company’s stock valued at $40,697,000 after buying an additional 61,206 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.4%

Shares of USMV opened at $93.43 on Tuesday. The business’s 50-day moving average price is $93.15 and its 200-day moving average price is $92.26. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $95.12. The stock has a market cap of $23.84 billion, a PE ratio of 22.90 and a beta of 0.72.

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.