iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Park Place Capital Corp

Park Place Capital Corp trimmed its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,783 shares of the company’s stock after selling 976 shares during the quarter. Park Place Capital Corp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,579,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 1.1% during the third quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock worth $913,000 after acquiring an additional 111 shares during the period. Anchor Investment Management LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% in the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after purchasing an additional 112 shares during the period. Asset Dedication LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.5% during the third quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock worth $765,000 after buying an additional 121 shares in the last quarter. Sensible Money LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 1.4% during the third quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock valued at $797,000 after buying an additional 121 shares during the period. Finally, Foster Victor Wealth Advisors LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% in the third quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock worth $244,000 after acquiring an additional 123 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 2.2 %

BATS:USMV opened at $90.63 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The stock’s 50-day moving average price is $91.09 and its 200-day moving average price is $90.03. The stock has a market capitalization of $26.55 billion, a PE ratio of 25.30 and a beta of 0.59.

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.