Cambridge Associates LLC MA ADV Trims Position in iShares MSCI USA Min Vol Factor ETF $USMV

Cambridge Associates LLC MA ADV decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 50.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 39,183 shares of the company’s stock after selling 39,183 shares during the period. Cambridge Associates LLC MA ADV’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,634,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Hibernia Wealth Partners LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 66.1% in the fourth quarter. Hibernia Wealth Partners LLC now owns 63,378 shares of the company’s stock valued at $5,968,000 after acquiring an additional 25,216 shares in the last quarter. Western Wealth Management LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 28.4% during the fourth quarter. Western Wealth Management LLC now owns 74,251 shares of the company’s stock worth $6,992,000 after purchasing an additional 16,434 shares in the last quarter. Concurrent Investment Advisors LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 9.9% in the fourth quarter. Concurrent Investment Advisors LLC now owns 93,655 shares of the company’s stock valued at $8,819,000 after purchasing an additional 8,469 shares during the period. Chatterton & Associates Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $851,000. Finally, Dara Capital US Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $542,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.3%

BATS USMV opened at $96.25 on Thursday. The stock has a market capitalization of $24.56 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The business’s 50 day moving average is $96.23 and its two-hundred day moving average is $95.21. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $91.02 and a 12-month high of $98.73.

iShares MSCI USA Min Vol Factor ETF Company 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.