iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Alaska Permanent Fund Corp

Alaska Permanent Fund Corp trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,780,282 shares of the company’s stock after selling 350,067 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up approximately 4.9% of Alaska Permanent Fund Corp’s portfolio, making the stock its 4th largest position. Alaska Permanent Fund Corp owned approximately 0.99% of iShares MSCI USA Min Vol Factor ETF worth $294,975,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Yarger Wealth Strategies LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 1.0% during the fourth quarter. Yarger Wealth Strategies LLC now owns 13,832 shares of the company’s stock valued at $1,079,000 after buying an additional 139 shares during the period. Hoese & Co LLP boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% during the fourth quarter. Hoese & Co LLP now owns 54,001 shares of the company’s stock worth $4,123,000 after purchasing an additional 140 shares during the period. Archer Investment Corp increased its stake in iShares MSCI USA Min Vol Factor ETF by 3.4% in the 3rd quarter. Archer Investment Corp now owns 4,462 shares of the company’s stock valued at $323,000 after buying an additional 146 shares during the period. Adamsbrown Wealth Consultants LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 4.9% in the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 3,220 shares of the company’s stock valued at $251,000 after buying an additional 149 shares during the period. Finally, Sandy Spring Bank increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 25.7% in the fourth quarter. Sandy Spring Bank now owns 734 shares of the company’s stock worth $57,000 after acquiring an additional 150 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock traded up $0.31 during trading on Tuesday, hitting $81.18. 2,727,923 shares of the stock traded hands. The stock has a market cap of $23.74 billion, a P/E ratio of 25.31 and a beta of 0.59. The company has a fifty day moving average price of $81.76 and a two-hundred day moving average price of $78.31. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45.

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.