Horizon Investments LLC Has $112.21 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Horizon Investments LLC decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,191,694 shares of the company’s stock after selling 16,002 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up 1.4% of Horizon Investments LLC’s holdings, making the stock its 14th biggest position. Horizon Investments LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $112,210,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in USMV. Frankly Finances LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $25,000. Investors Research Corp acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $26,000. Chapman Financial Group LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $29,000. Elevated Capital Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $29,000. Finally, Manning & Napier Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth $30,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $94.58 on Friday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $98.07. The company has a market capitalization of $24.14 billion, a P/E ratio of 22.90 and a beta of 0.72. The stock has a fifty day moving average of $94.46 and a 200-day moving average of $94.46.

iShares MSCI USA Min Vol Factor ETF 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.