Glenmede Trust Co. NA Has $37.48 Million Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Glenmede Trust Co. NA reduced its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 404,160 shares of the company’s stock after selling 21,269 shares during the quarter. Glenmede Trust Co. NA’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $37,482,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Brighton Jones LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% in the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after acquiring an additional 1,291 shares in the last quarter. Jane Street Group LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 366.3% during the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock worth $3,323,000 after purchasing an additional 27,868 shares during the period. Hsbc Holdings PLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth approximately $399,000. First Trust Advisors LP grew its holdings in iShares MSCI USA Min Vol Factor ETF by 39.0% during the second quarter. First Trust Advisors LP now owns 7,845 shares of the company’s stock valued at $736,000 after purchasing an additional 2,201 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its holdings in iShares MSCI USA Min Vol Factor ETF by 465.5% during the second quarter. Qube Research & Technologies Ltd now owns 244,764 shares of the company’s stock valued at $22,976,000 after purchasing an additional 201,483 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.1%

BATS:USMV opened at $97.93 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $99.34. The firm has a market cap of $24.99 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The company’s 50 day moving average is $96.48 and its 200-day moving average is $95.36.

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.