iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 57.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 29,687 shares of the company’s stock after selling 40,006 shares during the quarter. Ameritas Advisory Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,787,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in USMV. Brighton Jones LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% during the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after purchasing an additional 1,291 shares during the period. Fulton Bank N.A. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.5% during the 1st quarter. Fulton Bank N.A. now owns 3,609 shares of the company’s stock worth $338,000 after purchasing an additional 154 shares during the period. RFG Advisory LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 14.5% in the 1st quarter. RFG Advisory LLC now owns 2,850 shares of the company’s stock valued at $267,000 after acquiring an additional 360 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in iShares MSCI USA Min Vol Factor ETF by 83.9% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,909 shares of the company’s stock valued at $273,000 after acquiring an additional 1,327 shares during the last quarter. Finally, Breakwater Capital Group acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at about $201,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 7.3%

Shares of BATS USMV opened at $95.14 on Friday. The stock has a market cap of $24.28 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $83.99 and a 52 week high of $95.12. The company’s 50-day moving average price is $93.82 and its 200 day moving average price is $92.80.

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.