Centaurus Financial Inc. reduce stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Centaurus Financial Inc. cut its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 6.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,451 shares of the company’s stock after selling 958 shares during the period. The holdings of Centaurus Financial Inc. in iShares MSCI USA Min Vol Factor ETF were worth $1,213,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in USMV. Headlands Technologies LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at approximately $30,000. Gleason Group Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at $32,000. Hantz Financial Services Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $33,000. Strategic Financial Concepts LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $35,000. Finally, Naples Money Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth $41,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.3%

Shares of USMV stock opened at $90.67 on Friday. The firm has a fifty day moving average price of $89.47 and a 200 day moving average price of $85.26. The firm has a market cap of $26.57 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45.

Company Profile for iShares MSCI USA Min Vol Factor ETF

(Free report)

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 companies selected and weighted to create a low volatility portfolio subject to various constraints. USMV was launched on October 18, 2011 and is managed by BlackRock.

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