iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by InTrack Investment Management Inc

InTrack Investment Management Inc lessened its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,681 shares of the company’s stock after selling 554 shares during the quarter. InTrack Investment Management Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $252,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in USMV. Wealth Enhancement Advisory Services LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 102.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock valued at $620,423,000 after buying an additional 3,352,591 shares during the period. Caisse DE Depot ET Placement DU Quebec acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the first quarter valued at $130,668,000. JPMorgan Chase & Co. grew its position in iShares MSCI USA Min Vol Factor ETF by 17.3% during the first quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock valued at $360,219,000 after buying an additional 568,565 shares during the period. Truist Financial Corp grew its position in iShares MSCI USA Min Vol Factor ETF by 147.7% during the second quarter. Truist Financial Corp now owns 731,634 shares of the company’s stock valued at $68,678,000 after buying an additional 436,281 shares during the period. Finally, Russell Investments Group Ltd. grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 400.2% in the first quarter. Russell Investments Group Ltd. now owns 538,501 shares of the company’s stock valued at $50,436,000 after purchasing an additional 430,843 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 7.6%

Shares of BATS USMV opened at $95.40 on Thursday. The company’s 50-day simple moving average is $93.92 and its 200-day simple moving average is $92.86. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 and a 52-week high of $95.12. The firm has a market cap of $24.35 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.