PKS Advisory Services LLC Sells 1,287 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

PKS Advisory Services LLC reduced its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 11.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,165 shares of the company’s stock after selling 1,287 shares during the quarter. PKS Advisory Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $954,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of USMV. Bank of Montreal Can lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 9.9% during the second quarter. Bank of Montreal Can now owns 44,819 shares of the company’s stock valued at $4,207,000 after purchasing an additional 4,045 shares in the last quarter. Accurate Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth $203,000. Symmetry Partners LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 10.1% during the 2nd quarter. Symmetry Partners LLC now owns 263,164 shares of the company’s stock valued at $24,703,000 after purchasing an additional 24,219 shares during the period. MinichMacGregor Wealth Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $283,000. Finally, Allworth Financial LP lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 30.1% during the 2nd quarter. Allworth Financial LP now owns 78,585 shares of the company’s stock valued at $7,377,000 after buying an additional 18,167 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.20 on Thursday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $95.12. The company has a market capitalization of $23.78 billion, a P/E ratio of 22.90 and a beta of 0.72. The company has a fifty day moving average of $94.08 and a 200 day moving average of $93.54.

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.