Financial Advisors LLC Sells 1,942 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Financial Advisors LLC decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,107,267 shares of the company’s stock after selling 1,942 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises about 18.9% of Financial Advisors LLC’s investment portfolio, making the stock its largest holding. Financial Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $98,314,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the stock. Renaissance Technologies LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $1,369,000. Edgestream Partners L.P. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $975,000. Vanguard Personalized Indexing Management LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 16.8% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,655 shares of the company’s stock valued at $559,000 after purchasing an additional 956 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock worth $19,494,000 after purchasing an additional 1,785 shares during the last quarter. Finally, TPG Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth $2,038,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $89.87 on Friday. The stock has a market cap of $26.33 billion, a PE ratio of 25.30 and a beta of 0.59. The stock’s fifty day moving average is $91.16 and its two-hundred day moving average is $89.94. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

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.