M&T Bank Corp cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 52.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,129 shares of the company’s stock after selling 52,601 shares during the period. M&T Bank Corp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,532,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently modified their holdings of USMV. Frankly Finances LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $25,000. Investors Research Corp acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $26,000. Elevated Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $29,000. Chapman Financial Group LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $29,000. Finally, Manning & Napier Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $30,000.
iShares MSCI USA Min Vol Factor ETF Price Performance
Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.08 on Monday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $89.85 and a 12 month high of $98.07. The business has a fifty day simple moving average of $94.62 and a 200 day simple moving average of $94.47. The stock has a market cap of $24.01 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.
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