Ascent Group LLC Sells 6,292 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Ascent Group LLC trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 105,520 shares of the company’s stock after selling 6,292 shares during the period. Ascent Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,936,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Junto Capital Management LP acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $85,107,000. Two Sigma Investments LP raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 26.1% in the third quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock valued at $260,056,000 after buying an additional 565,200 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 18.5% in the second quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock worth $271,634,000 after acquiring an additional 452,184 shares during the last quarter. Barclays PLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 238.2% during the 3rd quarter. Barclays PLC now owns 500,271 shares of the company’s stock worth $47,596,000 after buying an additional 352,366 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 62.1% during the third quarter. Russell Investments Group Ltd. now owns 898,946 shares of the company’s stock valued at $85,526,000 after acquiring an additional 344,482 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $93.36 on Friday. The company’s 50 day simple moving average is $95.07 and its 200 day simple moving average is $94.53. The firm has a market capitalization of $23.83 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $98.07.

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.